NVELO Finds $6.6M

Santa Clara-based NVELO, a developer of storage caching software, announced today that it has raised $6.6M in a Series A funding round. The round came from SKS Capital. NVELO was founded by Jiurong Cheng. The company said that the funding will go towards expansion of its product line. NVELO is using storage caching techniques, coupled with solid state storage, to accelerate hard disk drive performance. More information »