ScaleIO Emerges from Stealth, Raises $12M, Launches Product
December 05, 2012
Having recently emerged from stealth mode, ScaleIO has announced the launch of its new data storage software and the closing of a $12 million round of Series A financing. The cash flow came from Greylock Partners, Norwest Venture Partners and angel investors. According to a press release, “[t]he company will use the funding to expand its field operations in response to growing demand by enterprises and service providers for the ScaleIO ECS software product."