Seanodes Secures $6.5M

Seanodes secures $6.5M in latest funding round

November 7, 2007

1 Min Read
Network Computing logo

BOSTON -- Seanodes, which launched in the US at Storage Networking World in Dallas last month, today announced the closure of a $6.5 million funding round led by investment firm 123Venture and GALIA Gestion that will propel the companys rapid expansion of its Shared Internal Storage concept to customers worldwide. This round also includes initial investment firms ELAIA Ventures and IRDI/ICSO.

The additional funding will be used by Seanodes to continue research and development, expand marketing initiatives and increase its sales and support infrastructure in advance of the launch of its revolutionary Shared Internal Storage software technology that provides a new paradigm for commoditized infrastructures, combining the best elements of NAS, SAN and DAS to benefit users in a whole new way.

“The chance to invest in a company that is poised to revolutionize the storage industry through its innovative Shared Internal Storage concept is an opportunity that we simply couldn’t let pass by,” said Olivier GOY, CEO of 123Venture. “We believe in Seanodes’ ability to succeed in significantly reducing the expense and complexity of today’s escalating storage needs at companies worldwide.”


Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like

More Insights