XtremIO Receives $19,000,000 Series B Funding Round

  • Feed Type
  • Date
    12/5/2011
  • Company Name
    XtremIO
  • Mailing Address
    20660 Stevens Creek Blvd Cupertino, CA 95014
  • Company Description
    XtremIO is a privately held, venture-backed company founded in 2009. We are developing breakthrough storage system solutions based on innovative architecture and storage algorithms, utilizing solid-state drive (SSD) technologies. Our storage solutions address the growing challenges of modern IT infrastructure, creating value through dramatic gains in performance, efficiency, ease of management, and economics.
  • Website
    http://www.xtremio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company plans to use new capital to expand its business operations and engineering team.
  • M&A Terms
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Giza Capital
  • Venture Investor
    JVP
  • Venture Investor
    Lightspeed Venture Partners