Nirvanix announces Series C funding for an additional $25 million
On May 3 Nirvanix Inc announced a new Series C funding round for an amount of $25 million.
The investment, led by Khosla Ventures and joined by previous investors like Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures raises the total capital to $70 million.
Nirvanix provides a service specialized in storing large unstructured contet files across public, hybrid and private cloud storage deployments as an alternative to Amazon Web Services or Box.net.
Nirvanix’s proposal differs from the others for the amount and size of data processed and offers an interesting data recovery features that autonomously serves costumer from a secondary or tertiary location if the primary results unavailable.
This new investment will be used to establish a “cloud competency center” in Colorado and to raise the numbers of data centers around the world.
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