Eideticom Receives Investment from Inovia Capital and Molex Ventures

eideticomEideticom, a Calgary, Canada- and San Francisco, CA-based NVMe computational storage solution for cloud and enterprise data center markets, received seed and strategic financing from Inovia Capital and Molex Ventures.

The amount of the deal was not disclosed.

The company intends to use the funds to scale the team and accelerate deployment of end solutions.

Founded in 2016 and led by Roger Bertschmann, CE, Eideticom is developing Computational Storage solutions for cloud and enterprise data centers. Its NoLoad® Computational Storage Processor (CSP) enables real-time data protection and analysis, reduces energy consumption and improves application performance by reducing input/output (I/O) bottlenecks. It integrates directly into software stacks like Hadoop, RocksDB, ZFS and others.

FinSMEs

01/08/2019

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