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Software-defined Storage Solution Provider XSky Secures RMB 240 Mln Series C, 4/27/18

Beijing-based software-defined-infrastructure products and services provider XSky Data Technology recently announced completion of RMB 240 mln Series C funding led by New Enterprise Associates (NEA) with participation by prior-round investors Northern Light Venture Capital, Redpoint Ventures, and Qiming Ventures.

XSky was established in May 2015. Its products offer several features:

1. Interfaces and technology capabilities equivalent to those of traditional SAN storage systems, including fiber channel, iSCSI, SCSI, and multipath storage capabilities.

2. Online expandability, fully-redundant architecture and networked self-operating capabilities.

3. Integrated, intuitive, simple, and easy-to-use graphical management functions.

4. Fully decoupled software and hardware and compatibility with generic hardware. Optimized for NVM Express (NVMe) storage protocols and high-speed networks, for high performance.

In 2017, XSky's business grew by more than 400% and it provided products totaling more than 150 PB storage capacity to its customers. Customers include organizations in the finance, telecommunications, government, broadcasting, manufacturing, education, and medical domains.

Editor's Note: For more information on this topic, please see Software-defined Storage Solution Provider Xsky Wins RMB 120 Mln Series B, MD 5/12/17 issue.

Keywords: XSky funding software Northern Light Venture Capital Qiming Redpoint Ventures Series C New Enterprise Associates software-defined storage VC


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