Tech Company Financing Transactions
Reduxio Funding Round
Reduxio, based in San Francisco, secured $15 million in investment from Seagate, Intel Capital and JVP.
Transaction Overview
Company Name
Announced On
10/7/2014
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
The funds will accelerate Reduxio's product development and support its go-to-market plan. In conjunction with this investment, Seagate will obtain a seat on the Reduxio Board of Directors.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
111 Pine Ave.
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
Reduxio was founded in 2012 by storage industry veterans with a vision to build a next-generation storage platform that provides breakthrough capacity savings by leveraging Flash technology, high-capacity magnetic disks and a new space efficiency technology called NoDup.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ori Bendori
Chief Marketing Officer
Michael Grandinetti
Chief Technical Officer
Nir Peleg
VP - Finance
Dror Haiblum
VP - Product Management
Jacob Cherian
VP - R & D
Amnon Strasser
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Where The Data Comes From
We record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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