Israeli storage processor co Pliops raises $65m
Through its storage processor, the company substantially accelerates the processing of data-intensive applications in data centers.
Israeli storage processor and database acceleration company Pliops announced today that it has completed a $65 million oversubscribed financing round led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, Softbank Ventures Asia, Expon Capital, Western Digital, Xilinx, Sweetwood Capital and Menora Mivtachim Holdings participated in the round, with Nvidia increasing its share.
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This latest funding will enhance Pliops ability to deliver game-changing value for enterprise and cloud customers. The investment will be used to bring the new levels of scale, speed and cost effectiveness promised by Pliops’ storage processor to more customers in more ways.