Funding

Iguaz.io Raises $15 Million in Series A Funding to Disrupt Big Data Storage

29th Nov `15, 10:09 AM in Funding

Iguaz.io, a provider of innovative data management and storage solutions for Big Data, IoT and cloud applications today…

BDMS
Guest Contributor
 

Iguaz.io, a provider of innovative data management and storage solutions for Big Data, IoT and cloud applications today announced a$15 million Series A funding round. Led by Magma Venture Partners, the funding includes additional investments from JVP and large strategic investors.

The iguaz.io founding team is comprised of a group of former executives from successful technology companies in the fields of storage, cloud computing, high-speed networking, analytics and cyber-security. These companies include XtremIO (acquired by EMC), XIV (acquired by IBM), Mellanox (NASDAQ: MLNX), Voltaire (NASDAQ: VOLT, acquired by Mellanox) and Radvision (acquired by Avaya).

Over the past two decades, the team has enabled enterprise customers to evolve their data centers and has helped leading cloud operators design and deploy their hyper-scale data centers. Iguaz.io will use the funding to continue growing its team of experts in the spaces of Big Data, storage, security and networking (see http://www.iguaz.io/careers).

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