Tech Company Financing Transactions
Pliops Funding Round
Pliops, operating out of San Jose, scored $65 million in investment from Koch Disruptive Technologies, Expon Capital and Intel Capital.
Transaction Overview
Company Name
Announced On
2/25/2021
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Undisclosed
Investors
Koch Disruptive Technologies (Lead Investor) (Eli Groner)
Intel Capital (Wendell Brooks)
SoftBank Ventures Korea (JP Lee)
Proceeds Purpose
The investment will be used to bring the new levels of scale, speed and cost effectiveness promised by Pliops' storage processor to more customers in more ways.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
2150 N 1st St. 431
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Overview
Pliops was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Aryeh Mergi
Chief Executive Officer
Uri Beitler
Chief Financial Officer
Gilad Rosen
Chief Operating Officer
Ofer Bustin
Chief Technical Officer
Moshe Twitto
VP - Bus. Development
Steve Fingerhut
VP - Engineering
Edward Bortnikov
VP - Human Resources
Hadar Ron
VP - R & D
Ari Cohen
VP - R & D
Avraham Meir
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We do our best to record every notable VC transaction. VC transactions on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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