Mitsui Global Investment Put Undisclosed Amount of Money in Start-Up Kaminario

Kaminario, Inc. announced that Mitsui & Co. Global Investment Inc. (MGI) has made a strategic investment in the company.

The investment will be used to support Kaminario’s expansion into new markets.

"MGI is a venture investment subsidiary of Mitsui & Co. Ltd.. Mitsui and its subsidiaries have a strong presence in the Japanese IT industry as well as broad and deep roots in the Asian market. With their experience and this strategic investment, we can enable a smooth expansion into the Japanese market," said Dani Golan, CEO of Kaminario. "We have seen the Kaminario K2 SSD storage solution establish tremendous traction in global markets such as finance, manufacturing and health care, and this strategic investment by a major player will help us continue this growth."

Kaminario recently announced Storage Performance Council SPC-1 Results showing the Kaminario K2 performs at 1,219,973.91 SPC-1 IOPS , setting a world record in sustained storage performance. The K2 also set a record for price performance, coming in at 40 cents per SPC-1 IOPS. The K2 is a SSD storage solution offering a scale-out architecture designed to deliver on the potential of solid-state media.

Kaminario recently closed a $25 million dollar D round of funding. To date, it has received almost $70 million in funding