Deals

Kaminario Raises $75M in Funding
Date: 
Tuesday, January 10, 2017
Location: 
Needham
Categories: 
B2B
Infrastructure & Storage
Deal Type: 
Funding

Kaminario, a leading all-flash storage company, today announced it has secured $75 million in a new round of financing, bringing the company’s total funding to $218 million. The latest round was led by Waterwood, a private equity firm that invests in growth-stage technology companies. Participation in this round was a mix of new and existing investors, including Sequoia, Pitango, Lazarus, Silicon Valley Bank and Globespan Capital Partners. The new capital will be used to accelerate go-to-market initiatives, expand Kaminario’s global presence and fuel research and development.

“Our strong business growth, cutting-edge technology and the all-flash market opportunity make Kaminario very attractive to investors and partners alike,” said Dani Golan, founder and CEO, Kaminario. “The role of the data center is transforming as businesses continue to accelerate digital transformation and cloud adoption, and we are perfectly positioned to deliver agile storage solutions for today’s on-demand applications. This new funding will allow us to continue our global expansion and accelerate our innovation agenda to better serve our customers... READ MORE