DataCore

Intel Capital Joins Reduxio Fund Raising Round

Now at $12 million

This is a Press Release edited by StorageNewsletter.com on 2013.06.11
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Intel Capital joins Reduxio fund raising round round
Another investor is en route to joining the first financing round of Reduxio Systems Ltd., which is developing smart software for streamlining databases. The company, which announced its first financing round six weeks ago, in which it raised $9 million from Carmel Ventures and Jerusalem Venture Partners (JVP), will shortly add Intel Capital to its list of investors. The expansion of the financing round will bring the amount Reduxio is raising to $12 million.

Read also:
Stealthy Start-Up Reduxio Raised $9 Million in Series A
Developing OS for hybrid arrays

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