Tuesday, April 11, 2017

Western Digital Leads $33M Investment In Tegile Systems

Irvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp., and also included current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital, bringing its total raised to $178M. Tegile, whose flash-based storage arrays are aimed specifically for use in databases, virtualized server and virtual desktop environments, says the funding goes towards technology development and product innovation plus expandings its worldwide market reach. More information »

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