Infineta Systems Raises $15 Million From Alloy Ventures, North Bridge

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Monday, May 10th, 2010

Infrastructure technology startup Infineta Systems this morning announced that it has closed a $15 million Series A round of venture capital funding with backing from Alloy Ventures and North Bridge Venture Partners.

The financing was first covered by Venturebeat last week.

The company says it will use the funding to “pioneer a new category of products” that should help enterprises address the explosion in inter-data center traffic resulting from mission-critical storage replication, backup and emerging ‘private cloud’ applications.

These products will be based on the Infineta’s Velocity Dedupe Engine, a hardware-based network deduplication product.

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