Maxta Raises $10M in Funding

MAXTA INC. LOGOMaxta, a Sunnyvale, CA-based provider of a virtualization-centric storage platform, raised $10m in funding from Andreessen Horowitz.

The company is using the funds to continue to hire engineers to develop the platform.
Founded by entrepreneur Yoram Novick, Maxta provides a software platform that enables the convergence of compute and storage on standard servers leveraging server-side flash and disk drives to optimize performance and capacity. It integrates with server virtualization at all levels from user interface to data management, while supporting all possible deployments of virtual data centers, including private, public and hybrid clouds.

Peter Levine of Andreessen Horowits commented on the investment on his blog.

FinSMEs

13/11/2013

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