Amplidata Obtains $10,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dfe10aa-dd97-489c-b09c-824c894b394b - Date
9/8/2014 - Company Name
Amplidata - Mailing Address
1551 McCarthy Blvd Milpitas, CA 95035 USA - Company Description
Amplidata provides unbreakable storage technology that is ten thousand times more reliable than current RAID based technologies, requires 50-70% less storage and power and 90% less expensive than current storage solutions. The Amplidata Optimized Object Storage fundamentally changes the way how data is stored and scales up to zettabytes. - Website
http://www.amplidata.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Funds will be used to jointly develop a family of ultra-dense storage solutions to address the rapidly growing demand to store data in public and private cloud data centers. - M&A Terms
- Venture Investor
