Fusion-io Raises $45M

Fusion-io, a Salt Lake City, UT-based provider of enterprise solid-state storage technology solutions, has raised approximately $45m in a Series C financing.

The round was led by new investor, Meritech Capital Partners, with participation from new investors, Accel Partners, Andreessen Horowitz and Triangle Peak Partners, as well as returning investors, New Enterprise Associates (NEA) and Lightspeed Venture Partners, among others. 
Fusion-io will direct the investment towards scaling up infrastructure to support the commercialization efforts. Funding will also support development of innovative technologies and products.

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