NDRC spin-out NVMdurance raises €250,000 in seed round - Start-ups | siliconrepublic.com - Ireland's Technology News Service
Summary
NVMdurance, a NDRC spin-out firm that has won a global accolade for its technology that enables solid state disks to last 10 times longer, has raised €250,000 in a seed fund round. “The company is now embarking on a series of customer trials with a view to our software being used on solid state disks from one or more of the major manufacturers in mid-2014. “As part of our growth plans we are commencing the raising of a larger round of funding to support the commercial roll out of the technology,” he added. “NDRC looks for novel science and technology, substantial market opportunity, great entrepreneurial talent, and deep international connectivity with capital and customers. “NVMdurance has all of these elements in abundance and now has a tremendous opportunity to become a global leader in flash memory optimisation.
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