Peaxy Secures Series B Close
Summary
"Enterprises are discovering that data access is vital to enabling greater productivity, innovation and new business models. Companies in a variety of industries such as aviation, automotive, genomics and energy stand to benefit greatly by addressing the fundamental data access challenges they all face," said Manuel Terranova, President and CEO of Peaxy. "This funding provides additional resources to expand our platform features and commercial efforts into a wider range of industrial and life sciences customers," said Francesco Lacapra, CTO and VP Engineering. "This is one way we enable new data-centric business models for our customers, such as predictive maintenance and accelerated drug discovery," said Terranova. Unique patented technology in the systems unified namespace assigns and retains permanent file pathnames that span applications and storage types to ensure uninterrupted access to data assets, even across file migrations and technology refresh cycles.
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