Infinio Systems, Inc., a Cambridge, Mass.-based provider of downloadable storage performance, closed a $12m Series B financing.
Existing backers Bessemer Venture Partners, Highland Capital Partners, Lightspeed Venture Partners, and Osage University Partners (a partner of Columbia University) participated in the round, which brought total funding to date to $24m.
Led by Co-founder and CEO Arun Agarwal, Infinio builds solutions that aims to improve the NAS data storage performance of virtualized environments. The company recently launched its first product, Infinio Accelerator, which is already serving customers across the retail, life sciences, high technology, financial services, and shipping industries.
12/02/2013: Infinio Closes $10m Series A Funding