Tech Company Financing Transactions
MemVerge Funding Round
On 4/3/2019, MemVerge raised $24.5 million in Series A funding from Gaorong Capital, JVP and LDV Partners.
Transaction Overview
Company Name
Announced On
4/3/2019
Transaction Type
Venture Equity
Amount
$24,500,000
Round
Series A
Investors
Proceeds Purpose
The capital will be used by MemVerge to significantly expand its engineering, sales and marketing teams in Silicon Valley and to accelerate R&D to advance the development of its MCI technology.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
Undisclosed
San Jose, CA 94088
USA
San Jose, CA 94088
USA
Phone
Undisclosed
Website
Email Address
Overview
MemVerge, the inventor of Memory-Converged Infrastructure (MCI), is the first to eliminate all boundaries between memory and storage to power the world's most demanding data-centric enterprise workloads. Leveraging Intel Optane DC persistent memory and architected to integrate seamlessly with existing applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Shuki Bruck
Chief Executive Officer
Charles Fan
Chief Technical Officer
Yue Li
VP - Finance
Kathy Do
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