Sunday, June 5, 2011

XtremIO Raises $14 Million for Solid State Storage

XtremIO, a start-up based in Tel Aviv, raised $14 million in venture funding for its storage solutions based on Solid State technology. The company specializes in Enterprise storage system solutions based on innovative architecture and storage algorithms, utilizing solid-state drives (SSDs). Product details have not yet disclosed.

The financing round was led by Battery Ventures, with participation from existing investors Giza Venture Capital and Jerusalem Venture Partners (JVP).

See also