SandForce Raises $25M
Saratoga, CA-based SandForce, which makes Flash-based “solid state drives” for enterprise data storage, said Tuesday that it has raised $25 million in Series D funding. The round was led by Canaan Partners, wit existing investors DCM, Storm Ventures, Translink Capital, LSI Corporation, and UMC Capital joining. SandForce president and CEO Michael Raam said the new funding “will help us bring our next-generation products to market, expand our customer and partner support infrastructure, and accelerate our core technology development that will extend our market leadership.”
Trending on Xconomy
By posting a comment, you agree to our terms and conditions.