Maxta receives $25 million in funding
Maxta is a storage solutions company that has raised $25 million in Series B funding from lead investors Tenaya Capital and Intel Capital. Previous investor Andreessen Horowitz also participated in this round. Maxta will be using the funding for marketing, sales, product development and expansion support.
Maxta’s Storage Platform service is a hypervisor-agnostic and highly resilient platform for virtual data centers. It can integrate with server virtualization at all levels from user interface to data management while supporting deployments of virtual data centers, including private, public, and hybrid clouds.
“Closing this funding round with such stellar investors is a clear validation of our approach to simplifying and streamlining IT by thinking outside the storage box,” stated Yoram Novick, Maxta founder, president, and CEO.“This infusion of funds will be used to expand product innovation and scale our business to accelerate the adoption of the virtual data center.”