Intel Capital has participated in an inaugural funding round for Vexata, which has just released its data storage technology platform.
US-based software-defined data storage technology developer Vexata raised $54m in a series A round on Wednesday, from a consortium featuring Intel Capital, the corporate venturing arm of semiconductor producer Intel.
Venture capital firms Mayfield Fund and Lightspeed Venture Partners also participated in the round, along with VC and private equity fund Redline Capital .
Vexata has developed software-defined, flash-based data storage infrastructure technology dubbed Active Data Fabric, which is aimed at data centres that power cloud-based environments and enterprise applications such…
