Network Infrastructure Company Infineta Raises $15 Million

▤ Summary

Infrastructure technology startup Infineta Systems this morning announced that it has closed a $15 million Series A round of venture capital funding with backing from Alloy Ventures and North Bridge Venture Partners. The financing was first covered by Venturebeat last week. The company says it will use the funding to “pioneer a new category of products” that should help enterprises address the explosion in inter-data center traffic resulting from mission-critical storage replication, backup and emerging ‘private cloud’ applications. These products will be based on the Infineta’s Velocity Dedupe Engine, a hardware-based network deduplication product.

$ Funding

▦ Linked Companies

Infineta Systems

$1M to $5M