Eideticom closes seed deal backed by Inovia Capital, Molex Ventures

Eideticom, a Calgary-based provider of computational storage solutions, has raised an undisclosed seed-stage financing. The investors were Inovia Capital, a Canadian growth equity and venture capital firm, and Molex Ventures, an investment arm of U.S. electronics solutions provider Molex Electronic Technologies LLC. Founded in 2016 and led by CEO Roger Bertschmann, Eideticom has developed NVMe computational storage technology to help cloud and enterprise data centre customers improve scalability and performance as well as reduce costs and energy consumption. The company will use the funds raised to expand its team and accelerate the deployment of end solutions.

29 July 2019•4 mins read
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