Diablo Technologies secures $19 mln in ICV-led Series C funding
Diablo Technologies Inc, an Ottawa-based provider of memory technology solutions, has raised $19 million in a Series C financing. The round was led by a new investor, Israeli venture capital firm ICV. Existing Diablo investors Battery Ventures, BDC Capital, Celtic House Venture Partners and Hasso Plattner Ventures also participated. Founded in 2003, Diablo is focused on delivering products that enhance the performance and capability of memory system designs. It plans to use the proceeds of the Series C round to further accelerate customer deployments through expansion of sales, applications support and research. The company opened an office in Silicon Valley in 2014.
12 January 2016•3 mins read
