Claridge Israel leads $20 mln funding of GigaSpaces Technologies
GigaSpaces Technologies Inc, a New York and Herzliya, Israel-based provider of cloud orchestration and data scalability platforms, has secured US$20 million in follow-on financing. The round was led by Claridge Israel, a fund launched last year by the Bronfman family and the Caisse de dépôt et placement du Québec. The company's existing investors BRM, FTV and Intel Capital also participated. GigaSpaces said the new funds will help accelerate global adoption of its solutions, drive continued product innovation, and expand its sales organization. Claridge Israel was set up to invest in Israel’s civil technology and innovation sectors.
20 January 2016•3 mins read
