TwinStrata Closes $8M Series B Financing

TwinStrata, Inc., a Natick, MA-based provider of cloud-based data storage, backup and disaster recovery solutions, has closed an $8m Series B round of financing.

The round was led by Avalon Ventures.

The company plans to use the funds to expand sales and marketing efforts for its CloudArray® solution, which is offered in both virtual and physical appliance configurations to companies of all sizes.
Clients include AT&T, Amazon, RackSpace, OpenStack, EMC Atmos, Mezeo, Nirvanix, PEER1, and Scality.

The company is led by CEO Nicos Vekiarides.



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