Exablox, a Sunnyvale, Calif.-based storage company, raised $7m in Series C funding.
As part of the round, Toshiba America Electronic Components, Inc. (TAEC) joined Dell Ventures as a strategic investor to support new drive technologies that meet the demands of storing unstructured data.
Founded in 2010 and led by Douglas Brockett, CEO, Exablox provides OneBlox, a cloud-managed, scale-out object-based solution that combines an hardware architecture and integrated, enterprise-grade software, including inline deduplication, continuous data protection and disaster recovery.
To date, the company has received $45.5m in total funding.
26/02/2015: Exablox Receives $16M in Series C Funding