SoftBank, Western Digital, Xilinx and existing backer Intel all invested, as the cloud storage technology developer increased its overall funding to $40m.

Israel-based data storage technology startup Pliops disclosed a $30m series B round on Wednesday led by SoftBank Ventures Asia, a corporate venturing subsidiary of telecommunications and internet group SoftBank.

Intel Capital, the corporate venture capital arm of semiconductor and data technology provider Intel, also took part in the round, as did data storage equipment producer Western Digital, computing technology provider Xilinx, State of Mind Ventures and Viola Ventures.

Founded in 2017, Pliops is developing storage processor technology to help data…