Igneous Systems garners $23.6 mln Series A funds
Igneous Systems said Wednesday that it raised $23.6 million in Series A financing. New Enterprise Associates led the round with participation from Madrona Venture Group, Redpoint Ventures and Isilon Systems co-founder, Sujal Patel. According to the firm, the capital will be used for product development and to expand its engineering and leadership teams. Concurrent with the funding, Ron Bernal, venture partner at NEA, has been added to Igneous Systems' board of directors. Based in Seattle, Igneous System is "reimagining the future of rapidly-expanding data center infrastructures."
7 May 2014•3 mins read
