Monday, August 12, 2013

Tegile Nabs $35M For Hybrid Storage Arrays

Newark, California-based Tegile Systems, which develops hybrid storage arrays aimed at the virtual server market, has raised another $35M in funding, the firm said today. The Series C funding came from Meritech Capital Partners, and also included August Capital, Western Digital, and SanDisk. Paul Madera of Meritech joins the company's board with the funding. The round brings its total raised to around $48M. More information »