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Exablox Accepts New Venture Capital Investment

Thursday, November 17, 2011 5:32:00 AM PDT | VentureDeal Staff

   Sunnyvale, California  --  Storage technology company Exablox has received $5.5 million in new VC financing, according to an SEC regulatory filing.

Exablox says that it is replacing the "traditional storage stack with an integrated experience across local and web storage."

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Exablox is still seeking $25,000 in additional financing, according to the filing. The company also received $2 million in May of this year.

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