Tech Company Financing Transactions
Storwize Funding Round
On 6/5/2007, Storwize raised $9 million in Series B financing from Sequoia Capital.
Transaction Overview
Company Name
Announced On
6/5/2007
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Investors
Sequoia Capital (Shmil Levy)
Proceeds Purpose
The Series B funding will be leveraged by Storewiz to boost the
company's ability to meet the soaring demand for its solutions by organizations looking to benefit from
its patent pending data compression technology to maximize their network infrastructure at a fraction
of their current cost.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
2 Mount Royal Ave
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Overview
Storwize, Inc. is the leader provider of real-time data compression solutions that dramatically boost storage space on network storage environments. The Storwize appliance provides organizations with additional capacity and associated savings in capital, operational, maintenance and management resources.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ed Walsh
Chief Financial Officer
Mary Henry
Chief Technical Officer
Jonathan Amit
Co-Founder
Gal Naor
Vice President
Steve Kenniston
VP - Engineering
Ori Bauer
VP - Marketing
Gareth Taube
VP - Sales
Roger Cummings
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