Corporate venturing-backed data storage company Violin Memory raised $40m at a $440m valuation, while peer Fusion-io floated in New York.
Violin Memory, a corporate venturing-backed data storage company, has raised $40m in its series C round from existing corporate venturing investors and other, undisclosed listed companies. The round follows a $35m series B round by corporates including Toshiba and Juniper Networks in February.
Other investors in the company include angels Atiq Raza, the former number two at Advanced Micro Devices, Arjun Gupta, the founder of TeleSoft Partners, and venture capitalist Dixon Doll.
Don Basile, chief executive of…
