What is Virtium?
Founded in 1997 and headquartered in Rancho Santa Margarita, California, Virtium specializes in designing, building, and supporting industrial-grade solid-state storage and memory solutions. The company caters to the world's top industrial embedded OEM customers, offering dedicated software teams for custom storage solutions. Virtium's commitment to domestic manufacturing and specialized software development positions it as a key player in providing robust and reliable storage for demanding industrial applications.
How much funding has Virtium raised?
Virtium has raised a total of $36M across 1 funding round:
Debt
$36M
Debt (2015): $36M with participation from L Squared Capital Partners
Key Investors in Virtium
L Squared Capital Partners
L Squared Capital Partners is an investment firm focused on long-term growth in tech-enabled services, software, and industrial technology. They provide flexible capital and strategic support to management teams, targeting companies with significant revenue and earnings growth potential.
What's next for Virtium?
With a significant enterprise-level funding context, Virtium is poised for continued expansion and innovation in the industrial embedded storage sector. The company's strategic focus on domestic production and custom software solutions, combined with substantial capital backing, suggests a trajectory aimed at solidifying its market leadership and potentially exploring new technological advancements or market segments. Future growth will likely involve scaling production capabilities and enhancing its software offerings to meet the evolving needs of its OEM clientele.
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