Infineta Systems Closes $15M Venture Capital Funding

Infineta Systems, a San Jose, CA-based start up that develops and markets a line of high-performance network optimization products, company, has closed a $15m Series A round of venture capital funding.
Investors in the round include Alloy Ventures and North Bridge Venture Partners
The company will use the funding to develop a new category of products that will help enterprises address the explosion in inter-data center traffic resulting from mission-critical storage replication, backup and emerging “private cloud” applications. 
These new products will be based on Infineta’s patent-pending Velocity Dedupe Engine™.

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