Tech Company Financing Transactions
Pliops Funding Round
On 1/31/2019, Pliops raised $30 million in Series B funding from SoftBank Ventures Korea, Intel Capital and State of Mind Ventures.
Transaction Overview
Company Name
Announced On
1/31/2019
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
SoftBank Ventures Korea (Lead Investor) (JP Lee)
Intel Capital (Wendell Brooks)
Proceeds Purpose
Pliops will use the funds to accelerate development of its storage processor technology for cloud storage and database applications, including expansion of its teams in the US, Israel and China.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
2150 N 1st St. 431
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Overview
Pliops was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Aryeh Mergi
Chief Executive Officer
Uri Beitler
Chief Financial Officer
Gilad Rosen
Chief Operating Officer
Ofer Bustin
Chief Technical Officer
Moshe Twitto
VP - Bus. Development
Steve Fingerhut
VP - Engineering
Edward Bortnikov
VP - Human Resources
Hadar Ron
VP - R & D
Ari Cohen
VP - R & D
Avraham Meir
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Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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