Amplidata Lands $11,000,000 New Funding

  • Feed Type
  • Date
    3/24/2014
  • Company Name
    Amplidata
  • Mailing Address
    1551 McCarthy Blvd Milpitas, CA 95035 USA
  • Company Description
    Amplidata provides unbreakable storage technology that is ten thousand times more reliable than current RAID based technologies, requires 50-70% less storage and power and 90% less expensive than current storage solutions. The Amplidata Optimized Object Storage fundamentally changes the way how data is stored and scales up to zettabytes.
  • Website
    http://www.amplidata.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Amplidata will use the funding to drive the next phase of growth by expanding its sales and marketing initiatives and investments in its research and development team to further advance true cloud-scale storage economics.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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