• Tintri Lands Another $18M For Storage Appliance For Virtual Machines

    Wednesday, June 15th, 2011

    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

    Tintri, which market storage solutions purpose-built for virtual machines (VMs), has raised $18 million in Series C funding. The extra capital comes from existing backers NEA and Lightspeed Venture Partners and comes roughly 3 months after Tintri raised $17 million in Series A + B funding.

    The company just launched its “VM-aware” storage appliance, VMstore, last quarter, and the proceeds of the new financing round is meant to help Tintri accelerate its R&D schedule and invest in regional sales initiatives for the product.

    Tintri was co-founded in 2008 by Dr. Kieran Harty, former head of R&D at virtualization software juggernaut VMware, and is headquartered in Mountain View, California.

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