Monday, December 16, 2013

Infinio Raises $12 Million for Virtualized Network Attached Storage

Infinio, a start-up based in Cambridge, Mass., closed a $12 million Series B funding round to support its NAS data storage accelerator for virtualized environments.

Infinio's Accelerator is a software-only solution that extends the performance life of an existing NAS. The accelerator is a virtual appliance that uses server-side caching to minimize the I/O traffic load on central storage.  It uses 8 GB of idle memory from each ESXi server to create a pooled, deduplicated cache in memory. The product was launched in November.

The Series B round brings Infinio's total funding to date to $24 million. All major backers, including Bessemer Venture Partners, Highland Capital Partners, Lightspeed Venture Partners, and Osage University Partners (a partner of Columbia University, home of Infinio's roots), participated in the round.


http://www.infinio.com


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