Original URL: http://www.theregister.co.uk/2013/04/05/greenbytes_c_round/

C-round greenbacks for Greenbytes

First in flash-optimised virtual storage appliances

By Chris Mellor

Posted in Storage, 5th April 2013 06:09 GMT

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:

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. ®