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Kaminario Lands Additional $15 Million Funding

Monday, January 26, 2015 5:46:00 AM PDT | VentureDeal
   Newton, Massachusetts  --  Storage technology company Kaminario has received an additional $15 million in financing, to add to its $53 million previously raised.

Kaminario says that it is "leading the revolution in flash storage by creating a fundamentally new and better way to store and retrieve performance-sensitive data."

Lazarus Hedge Fund made the investment.

Kaminario said it will expand into five new regions in Europe with the additional financing.

In December, 2014, the company raised $53 million from a large syndicate of top-tier venture capital, corporate and venture lender firms.

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