Wednesday, September 20, 2017

Vexata Finds $54M For Flash-Based Data Storage

San Jose-based Vexata, a developer of solid-state, data storage infrastructure, said today that it has raised $65M in a funding round. The funding came from Mayfield, Intel Capital, Lightspeed Ventures and Redline Capital. Vexata says its all-solid-state data storage infrastructure enables scaling of applications of data-intensive business applications. Vexata's CEO and co-founder is Zahid Hussain.