Kaminario raises $75M in new funding


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On January 11, 2017, Kaminario, an all-flash storage company, announced that it had received an additional $75M in funding led by Waterwood, a private equity firm that invests in growth-stage technology companies and CIRTech, a venture capital firm that invests across a range of technology sectors globally.

The company announced that it has received $218M in total funding to date.

Founded in 2008, Kaminario has done a good job turning around its business to appeal to a much broader base of customers. The all-flash market is a competitive one, and has taken many casualties along the way. Neuralytix believes that during 2017, Kaminario needs to broaden its market presence to sustain the continued growth trajectory it has enjoyed.