Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by StorageNewsletter.com on 2017.11.08
Source URL: https://www.storagenewsletter.com/2017/11/08/vc-funds-invested-30-million-into-excelero/
Excelero, Inc. received a strategic investment from Qualcomm Ventures, the investment arm of Qualcomm, Incorporated.
Qualcomm becomes the third strategic player to invest in Excelero – bringing its CPU expertise to help guide Excelero’s expansion, in concert with two earlier strategic investors.
Calsoft Whitepaper: Proliferation Of Cloud Integrated Storage (CIS)
The new investment brings the total of VC funds invested in Excelero to $30 million, including the $25 million series B round, starting with Battery Ventures which led the round, and ending with three strategic investors, including Qualcomm. Total VC funds also include participation from Series A investor Square Peg Capital, angel investor David Flynn, the founder of Fusion-io, and several angel investors.
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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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