Feeds

C-round greenbacks for Greenbytes

First in flash-optimised virtual storage appliances

Providing a secure and efficient Helpdesk

VDI flash array HW and SW supplier Greenbytes has snagged $7 million in C-round funding.

The funding comes from existing investors Generation Investment Management and Battery Ventures. It will be used "to continue the expansion and acceleration of global sales, marketing and partner development efforts, and for ongoing research and development of its … deduplication technology."

Greenbytes' timeline:

  • Founded in 2007 by Bob Petrocelli
  • May 2012 - $12 million B-round taking total funding to $30 million
  • July 2012 - Steve O'Donnell becomes exec chairman
  • November 2012 - Steve O'Donnell becomes CEO, retaining the chairman role. Bob Petrocelli becomes CTO
  • March 2013 - $7 million C-round taking funding total to $37 million.

O’Donnell said: “This additional funding enables us to step up sales and marketing programs as we expand our solution into additional global territories and experience deeper market penetration.”

He added: "GreenBytes has experienced explosive growth and intense interest from the rapidly expanding desktop virtualisation market, and it is the first-mover in the flash-optimised virtual storage appliance market."

This additional funding is a vote of confidence in O'Donnell's leadership and, if things go well, we might have a Greenbytes IPO in 2015 or so. ®

Security for virtualized datacentres

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
No biggie: EMC's XtremIO firmware upgrade 'will wipe data'
But it'll have no impact and will be seamless, we're told
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.