Mangstor Raises $10.2M in Series B Funding

mangstorMangstor, Inc., an Austin, Texas-based provider of flash storage products, raised $10.2m in Series B funding.

The round was led by New Science Ventures.

The company intends to use the funds to grow sales and engineering roles, as well as to fund product and technology development.

Led by Trevor Smith, President and Chief Executive Officer, Mangstor provides storage products based on the NonVolatile Memory Express (NVMe). The NX6320-Series Management stack provides industry common APIs, including integrating with Openstack Cinder to simplify management, along with expanded storage performance and functionality for customers deploying either traditional enterprise IT managed storage or storage services on the OpenStack platform.

FinSMEs

18/09/2015

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