Pliant Technology Garners $27,300,000 New Financing Round

  • Feed Type
  • Date
    3/31/2010
  • Company Name
    Pliant Technology
  • Mailing Address
    630 Alder Drive Milpitas, CA 95035
  • Company Description
    Pliant Technology is developing Enterprise Flash Drives (EFD’s), a new class of solid state storage devices, that integrate seamlessly into enterprise information systems and dramatically improve performance, reliability, energy efficiency, and TCO.
  • Website
    http://www.plianttechnology.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $27,300,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Menlo Ventures