Two months after Toshiba backs Violin Memory, the company snaps up peer's assets.
Violin Memory, a US-based developer of computer memory systems backed by strategic investor Toshiba, has bought the assets of venture capital-backed peer Gear6. No financial terms were disclosed.
Violin Memory raised more than $20m from technology company Toshiba and other investors in April, according to news provider VentureWire. Violin was founded in 2005 and raised $10m in its series A from venture capital firm Rationalwave Capital Partners among others, according to VentureWire.
Gear6 raised more than $24m from VCs Horizon…
