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Mangstor Receives $5 Million Equity Venture Capital

Monday, July 18, 2016 5:40:00 AM PDT | VentureDeal




Austin, Texas  --  Flash storage technology company Mangstor has landed $5 million in new equity venture capital financing, according to an SEC regulatory filing.

Mangstor says that it is the "leading developer of NVMe Flash Storage Solutions to accelerate application workloads in web scale at enterprise data centers."

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

A total of four investors participated in the offering.

CEO Trevor Smith has been with the firm since March 2012, and was previously VP Engineering at Emulex.

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