ScaleFlux Raises $25M Series B Funding to Expand Global Business and Fuel Innovation Growth

Press release published by: https://www.businesswire.com/
Source URL: https://www.businesswire.com/news/home/20180320005484/en/ScaleFlux-Raises-25M-Series-Funding-Expand-Global

ScaleFlux, Inc., the pioneer in the deployment of Computational Storage at scale, announced it has raised $25M in Series B funding to accelerate global expansion and new product innovation. The round was led by Shunwei Capital and includes multiple Tier-1 strategic corporate investors. This round brings the total invested to date over $40M.

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ScaleFlux Computational Storage is poised to revolutionize how the most demanding transactional and analytical data center applications scale and generate revenue for businesses industry-wide. Easy integration into standard server and storage systems makes ScaleFlux Computational Storage an incredible asset to Cloud and Webscale data center environments,” said Tuck Lye Koh, Founding Partner and CEO of Shunwei Capital.

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