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Storewiz Secures $9M

SAN JOSE, Calif. -- Storewiz Inc., the only provider of innovative online storage

compression solutions, today announced that it has closed a $9 million round of funding with leading

venture capital firm Sequoia Capital. The Series B funding will be leveraged by Storewiz to boost the

companys ability to meet the soaring demand for its solutions by organizations looking to benefit from

its patent pending data compression technology to maximize their network infrastructure at a fraction

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