The data storage provider has secured $25m in a series B round led by Battery Ventures that included Qualcomm Ventures.
Excelero, a US-based provider of software-defined block data storage technology, closed a $25m series B round featuring Qualcomm Ventures, the corporate venturing subsidiary of mobile semiconductor producer Qualcomm, on Tuesday.
Venture capital firm Battery Ventures led the round, which included two strategic investors besides Qualcomm. A statement by Excelero said Square Peg Capital and angel investors including David Flynn are also among Excelero’s existing backers.
Founded in 2014, Excelero has developed a software-defined block storage product that can handle the requirements…
