CNex has now secured more than $60m from investors also including Cisco, Samsung, Seagate and Micron, after closing a Microsoft Ventures-led round.
Microsoft Ventures, the corporate venturing arm of software provider Microsoft, led a series C round for US-based data storage technology developer CNex Labs on Wednesday, with participation from unnamed existing investors.
The size of the round was undisclosed but brought CNex’s total funding to more than $60m according to a press release. Deals database Pitchbook placed its size at $13.2m.
CNex Labs was founded in 2013 but remained in stealth mode until 2016. It produces solid-stage drive technology for data…
