What is Reduxio Systems?
Reduxio Systems is at the forefront of data management and protection, offering a singular platform that integrates primary storage with advanced data management capabilities. The company has been recognized with the Technology Innovation Leader in Data Storage and Management 2018 award by Frost & Sullivan. Reduxio's innovative storage solution is designed to deliver breakthrough storage efficiency and performance, with a current mission to deploy a microservices-based platform for cloud environments. Their cloud-native storage and data platform is engineered for enterprises and cloud service providers, aiming to deliver cloud-scale economics optimized for private, public, and hybrid cloud deployments.
How much funding has Reduxio Systems raised?
Reduxio Systems has raised a total of $49.5M across 3 funding rounds:
Series A
$12M
Series B
$15M
Series C
$22.5M
Series A (2013): $12M with participation from Intel Capital and Jerusalem Venture Partners
Series B (2014): $15M led by Jerusalem Venture Partners, Seagate Technology Plc, Carmel Ventures, and Intel Capital
Series C (2017): $22.5M supported by Seagate Technology, Intel Capital, C5 Capital, and Jerusalem Venture Partners
Key Investors in Reduxio Systems
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups across various technology sectors including cloud and datacenter solutions. They actively support companies developing next-generation compute technologies.
Jerusalem Venture Partners
Jerusalem Venture Partners (JVP) is an international venture capital firm specializing in investments in startup companies, with a focus on enterprise software and data storage. JVP is located in Israel.
Seagate Technology
Seagate Technology plc provides data storage technology and solutions, manufacturing and distributing hard disk drives, solid state drives, and related controllers. Their products are integral to enterprise servers and storage systems.
What's next for Reduxio Systems?
With substantial enterprise-level funding and a recent major strategic investment, Reduxio Systems is well-positioned for its next phase of growth. The company's focus on a cloud-native, microservices-based platform suggests a strategic push towards modernizing data infrastructure for cloud environments. This capital infusion will likely fuel further research and development, market expansion, and the scaling of its sales and support operations to meet the increasing demand for efficient and high-performance data management solutions in the enterprise and cloud service provider sectors.
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