Reduxio™ is building the next-generation enterprise hybrid storage arrays that provides breakthrough cost and capacity savings for customers. Reduxio's revolutionary new storage operating system implements active tiering across multiple tiers, NoDup™ in-line deduplication and compression, and BackDating™ for infinite data recovery. Reduxio's multi-tier infinite storage systems are specifically designed for today's storage environments focusing on cloud, virtualization and structured data sets. Reduxio's operating system and next generation smart placement algorithms will redefine price/performance and functionality for enterprise storage buyers. Reduxio was founded by leaders from IBM, EMC, NetApp and Dell, and is backed by Seagate Technology, JVP, Carmel Ventures and Intel Capital.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/06/14 | $15,000,000 | Series B |
Carmel Ventures Intel Capital JVP Seagate Technology | undisclosed |
| 03/20/17 | $22,500,000 | Series C |
C5 Capital Carmel Ventures Intel Capital JVP Seagate Technology | undisclosed |
