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Exablox Stores $16 Million Series C Funding

Friday, February 27, 2015 5:44:00 AM PDT | VentureDeal
   Sunnyvale, California  --  Storage technology company Exablox has landed $16 million in its third round of institutional venture capital financing.

Exablox provides data storage technology that aims to replace the "traditional storage stack with an integrated experience across local and web storage."

Investors in the round included Dell Ventures, DCM Ventures, Norwest Venture Partners and U.S. Venture Partners.

The company will use the proceeds to meet the growing demand for its services.

Exablox has received a total of $38.5 million in funding to date.

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