SSD Storage Company Kaminario Raises $15 Million

Next Story

Local.com Buys Local Search Company Krillion For $3.5M, Debuts Daily Deal Service

Kaminario, a provider of SSD storage products, this morning announced that it has secured $15 million in Series C financing. Existing backers Sequoia and Pitango were joined this time by new investor Globespan Capital Partners, whose managing director Venky Ganesan will take a seat on Kaminario’s board.

Founded in 2008 and headquartered in Boston, Massachusetts, with an Israel-based R&D division, this latest round brings Kaminario’s total funding to $34 million.

In July 2010, Kaminario introduced its flagship product, the K2 high-performance storage appliance, which the company says is currently being used by financial services firms, Internet media firms, telecommunications companies and government agencies.

The proceeds of the funding round will be used to expand the K2 product line and to ramp up sales and marketing efforts.