Infinidat (www.infinidat.com), the new storage venture launched in 2011 by Moshe Yanai, announced a gigantic VC round with $150M. The valuation now touches $1.2B, the total of funding is $230M. At the same time, the company has stopped the NAS offering IZBox and starts an aggressive focus on the block storage array InfiniBox. 2015 will be interesting. We can expect an IPO end of 2016 or first-half of 2017.
Confirmed, Infinidat raises $150M
Infinidat (www.infinidat.com), the new storage venture launched in 2011 by Moshe Yanai, announced a gigantic VC round with $150M. The valuation now touches $1.2B, the total of funding is $230M. At the same time, the company has stopped the NAS offering IZBox and starts an aggressive focus on the block storage array InfiniBox. 2015 will be interesting. We can expect an IPO end of 2016 or first-half of 2017.
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