I/O acceleration specialist Gear6 has clinched $10 million in Series B funding as the vendor ramps up plans to extend its product line further into database acceleration, cloud computing and virtualization.
The round, which was led by Horizon Ventures, also included existing investors U.S. Venture Partners and InterWest Partners, brings the startup's total funding to $24.5 million.
Up until now, most of Gear6's energy has been focused on selling its CACHEfx appliances into the financial, energy exploration, and animation markets, although this week's cash influx will extend the reach of its caching technology.
"I think what you're going to see from us is continued expansion into these areas, but also into other areas such as database acceleration, Web applications for cloud computing, and virtual environments," says Gary Orenstein, Gear6's vice president of marketing.
Placed in the data path on an Ethernet link between NAS filers and storage, the vendor's CACHEfx devices use high-speed RAM to increase the rate of I/O, something which Orenstein feels is critical in the world of virtualization.
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
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