JVP and Giza Announce A-Round Investment in Early-Stage Startup XtremIO
XtremIO Develops Data Storage Systems Based on Solid State Technology
Data storage system performance is a major bottleneck to modern data
centers. XtremIO is developing Enterprise solutions that will enable shared
storage environments with substantial performance improvements, efficient
utilization of IT resources, and a low capital investment. The company's
"XtremIO is exactly the type of companies we like to see in our
portfolio: early-stage ventures, led by a strong management team of seasoned
entrepreneurs, and bringing cutting-edge technology which can have a major
impact on the market in which it operates and become a significant player,"
"We are proud to announce our investment into this exciting new venture,"
JVP is one of the leading venture capital funds in
About Giza http://www.gizavc.com
Giza Venture Capital established in 1992, is a pioneer investor in seed
and early-stage technology companies and currently manages five funds
Giza's investment professionals have a wealth of expertise and experience in Communications, Semiconductors, Information Technology, Enterprise Software, Life Sciences, CleanTech, Media, Internet & Entertainment. This expertise empowers the team's decision-making and problem solving capabilities and accounts for the Fund's hands-on approach in working closely with its portfolio companies. Giza has invested in 87 companies in the sectors of Communications, Information Technology, Enterprise Software and Life Sciences. Giza's vision in recognizing future technology leaders has led to over 30 successful exits. Giza also has a seed stage investment plan called the Ofek Program whose goal is to secure investment in high-quality seed opportunities at the earliest possible stage. The Fund brings significant added value to its portfolio companies post-investment through involvement at board level as well as providing active support in strategy, marketing, financial and personnel-related decisions.
For More Information : Tania Amar Vice President Marketing, JVP Tania@jvpvc.com http://www.jvpvc.com
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