Monday, December 5, 2016

Datrium Finds $55M

Sunnyvale-based flash-based storage system developer Datrium has raised $55M in a Series C funding, the company announced this morning. The funding was led by New Enterprise Associates (NEA), and also included Lightspeed Venture Partners and an un-named, third investor. The company said it has now raised more than $110M in total. The funding goes towards sales, marketing, support, and engineering.