US-based data storage company Exablox raised $16m in series C funding yesterday from investors including Dell Ventures, the corporate venturing unit of computer manufacturer Dell.

Venture capital firms DCM Ventures, Norwest Venture Partners and US Venture Partners also participated in the round. Exablox previously secured $7.5m in a 2011 series A round and $15m in a 2012 series B from DCM, Norwest and US Venture Partners

Founded in 2010, Exablox has developed a scalable storage device called OneBlox, which is…

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