Sunday, April 7, 2013

GreenBytes Secures $7 Million for Flash-based Desktop Virtualization

GreenBytes, a start-up based in Providence, Rhode Island, announced $7 million in additional Series C funding, for its desktop virtualization technology.

GreenBytes' IO-Offload desktop virtualization leverages a patented, zero latency inline deduplication technology.  GreenBytes said this enables it to deliver a superior virtual desktop experience with 97% less storage space required, and with the manageability, scalability and affordability required for cloud-scale VDI deployments. GreenBytes' IO-Offload desktop virtualization solutions include the IO Offload Engine, a hardware appliance, and the vIO, a virtual storage appliance.

The new funding came from Generation Investment Management LLP and Battery Ventures.

"GreenBytes has experienced explosive growth and intense interest from the rapidly expanding desktop virtualization market whilst garnering extraordinary praise as the first-mover in the flash-optimized virtual storage appliance market," said Steve O'Donnell, chairman and CEO, GreenBytes. "We have been gaining incredible momentum with customers, resellers and strategic OEM partners, and this additional funding enables us to step up sales and marketing programs as we expand our solution into additional global territories and experience deeper market penetration."

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