This is a Press Release edited by StorageNewsletter.com on 2017.02.24
Source URL: http://www.storagenewsletter.com/rubriques/start-ups/hedvig-raises-21-5-million-series-c//
Hedvig, Inc. announced the close of a $21.5 million series C funding round with new investments from EDBI, the dedicated investment arm of the Singapore Economic Development Board and Hewlett Packard Pathfinder, part of Hewlett Packard Enterprise (HPE).
The round also included expanded investments from Atlantic Bridge Ventures, including its Oman Technology Fund, and contributions from existing investors True Ventures and Vertex Ventures.
Calsoft Whitepaper: Storage Performance Testing Guidelines
With a total of $52 million in financing to date, the company will use the latest round of funding to expand into new markets, develop end-to-end cloud and backup solutions for large enterprises and grow its engineering, sales and channel teams.
To help lead Hedvig’s growth in the $7 billion software-defined storage (SDS) market*, the company announced in a separate release, that technology sales veteran, Ediz Ertekin, has joined to the company’s executive team as SVP of WW sales and field operations.
Click here to read more.
Calsoft Storage Expertise
Leveraging years of experience with Storage platforms, ecosystems, operating systems and file systems, Calsoft stands as pioneer in providing storage product R&D services to ISVs. Our service offerings enable storage ISVs/ vendors to quickly develop next generation storage solutions that can perform and cut across enterprise IT needs.
[Tweet “#Hedvig Raises $21.5 Million Series C”]