Volumez Secures $20 Million Series A

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SANTA CLARA <&sol;span><&sol;span><&sol;strong>&&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;volumez&period;com&sol;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Volumez<&sol;a>&comma; a cloud infrastructure company&comma; has completed a <span class&equals;"xn-money">&dollar;20 million<&sol;span> Series A financing round led by Koch Disruptive Technologies&comma; with participation from existing investors&comma; Viola Ventures and Pitango&period; The company&&num;8217&semi;s controller orchestration software harnesses the power of Linux to quickly execute modern data infrastructure workloads using a declarative interface that makes it easy to deploy a wide variety of applications in hybrid and multi-cloud environments&period;<&sol;p>&NewLine;<p>Volumez plans to use the new funds to expand its customer base and grow its business operations in the U&period;S&period; while maintaining R&amp&semi;D execution in <span class&equals;"xn-location">Israel<&sol;span>&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Volumez technology is set to revolutionize the data infrastructure market&comma; allowing&comma; for the first time&comma; hybrid and multi-cloud deployments at scale with significantly improved performance and latency compared to state of the art on-premises solutions with cloud extensions&comma;&&num;8221&semi; said <span class&equals;"xn-person">Chase Koch<&sol;span>&comma; Founder and CEO&comma; Koch Disruptive Technologies&period; &&num;8220&semi;This investment supports our vision to transform Koch Industries by partnering with exceptional entrepreneur CTO <span class&equals;"xn-person">Jonathan Amit<&sol;span> and CEO <span class&equals;"xn-person">Amir Faintuch<&sol;span> to bring Volumez&&num;8217&semi;s groundbreaking technology to market&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;The funding support from Koch Disruptive Technologies validates our investment in Volumez&comma;&&num;8221&semi; said <span class&equals;"xn-person">Eyal Niv<&sol;span>&comma; Partner&comma; Pitango First&period; &&num;8220&semi;Volumez&&num;8217&semi;s innovative technology breaks the bottlenecks inherent in traditional cloud architecture and radically transforms data services in the modern cloud&period; We welcome the partnership with Koch Disruptive Technologies&comma; and are excited to be working with <span class&equals;"xn-person">Amir Faintuch<&sol;span> and his team in delivering the solution to customers&period;&&num;8221&semi;<&sol;p>&NewLine;

Editor

Harmonic Security Reels In $50 Million Series B

SAN FRANCISCO & LONDON -- Harmonic Security, a workforce AI security platform, has raised a…

21 hours

Albert Secures $55 Million for Chemistry AI

OAKLAND -- Albert, which has built the first chemistry-native AI operating system for R&D, has…

21 hours

Prolific Machines Closes $50 Million Series B2

EMERYVILLE -- Prolific Machines, abiotechnology company advancing biologics development and manufacturing through integrated optogenetics-enabled solutions,…

21 hours

Voltus Scores $225 Million Series D

SAN FRANCISCO — Voltus, a distributed energy resource platform, has raised $225 million in an…

3 days

Apple Launching Home Accessories Collection

CUPERTINO -- Apple is unveiling a new lineup of smart home accessories called the Apple Home…

3 days

Labelbox Reels In $100 Million

SAN FRANCISCO -- Labelbox, an AI platform powering reinforcement learning for frontier models and managed…

3 days