Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by Storagenewsletter.com on 2018.01.30
Source URL: https://www.storagenewsletter.com/2018/01/30/igneous-raises-15-million/
Igneous Systems, Inc., which delivers hybrid cloud backup and archive solution for unstructured data, announced that Vulcan Capital and Orca Bay Capital joined existing investors in its series B financing round of $15 million.
Customers include leading Fortune 500 and Global 2000 enterprises, and the company plans to utilize the funds to enable continued market penetration of its Igneous Hybrid Storage Cloud offering.
Calsoft Whitepaper: Proliferation Of Cloud Integrated Storage (CIS)
“Our research revealed enterprises struggling with rapid data growth and the complexity of managing their digital assets,” said YB Choi, partner, Vulcan Capital. “With Igneous, we saw a proven team with deep domain expertise taking an innovative approach not only from a technology perspective to help organizations protect and manage data at petabyte scales and beyond but also in their as-a-service delivery model in a segment of enterprise IT that has eluded public cloud adoption.”
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About Calsoft
Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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