XtremIO Receives $19,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44540013-e7ea-4aa6-93b3-3e63488e2d22&Preview=1 -
Date
12/5/2011 -
Company Name
XtremIO -
Mailing Address
20660 Stevens Creek Blvd Cupertino, CA 95014 -
Company Description
XtremIO is a privately held, venture-backed company founded in 2009. We are developing breakthrough storage system solutions based on innovative architecture and storage algorithms, utilizing solid-state drive (SSD) technologies. Our storage solutions address the growing challenges of modern IT infrastructure, creating value through dramatic gains in performance, efficiency, ease of management, and economics. -
Website
http://www.xtremio.com -
Transaction Type
Venture Equity -
Transaction Amount
$19,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The company plans to use new capital to expand its business operations and engineering team. -
M&A Terms
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Venture Investor
Battery Ventures -
Venture Investor
Giza Capital -
Venture Investor
JVP -
Venture Investor
Lightspeed Venture Partners
