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Gear6 Secures $10M

MOUNTAIN VIEW, Calif. -- Gear6, accelerating I/O for real time application performance, today announced it has secured a $10 million dollar financing round led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The funds will be used to bolster the companys market expansion being fueled by increasing demand for its CACHEfx line of scalable caching appliances. Centralized storage caching is rapidly emerging as the most simple and cost-effective way to increase data center application performance while dramatically reducing total storage costs.

“Gear6 has made great progress delivering centralized caching solutions in the data center,” said Doug Tsui, managing director at Horizon Ventures. “The company’s products showcase the kind of compelling customer rewards we expect when investing in new, industry-transforming solutions. CACHEfx appliances not only deliver significant performance improvements by eliminating I/O bottlenecks, but substantially reduce customers’ total storage costs, a vital ingredient for data center growth worldwide.”

Gear6