Virident Systems Closes Series B Funding Round

Virident Systems, Inc., a Milpitas, California-based PCI Express Solid-state Storage Solutions provider, has closed a Series B round of funding of undisclosed amount. 
The investment was co-led by new backers Sequoia Capital and Globespan Capital Partners, with participation from existing shareholders Artiman Ventures.
As also stated by Kumar Ganapathy, CEO of Virident, this funding round will allow the company to continue to develop its Flash-based storage solutions.
Virident builds enterprise-class solutions based on Flash and other storage-class memories (SCM), which are designed to solve performance reliability, and serviceability problems in the data center and cloud computing that further compound in large-scale deployment of SSDs in the current environment.


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