HPE, big-name funds bet $21.5M on storage startup Hedvig

The rapid adoption of software-defined storage in the enterprise is drawing interest from all kinds of investors hoping to capitalize on the trend.Among them is Pathfinder, the venture capital arm of Hewlett Packard Enterprise Co., which on Thursday contributed to a $21.5 million financing round into Hedvig Inc. as part of this gold rush. The technology giant was joined by Singaporean government fund EDBI and several returning backers including Vertex Ventures, the firm that led Hedvig’s previous $18 million raise back in 2015.

 

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The rapid adoption of software-defined storage in the enterprise is drawing interest from all kinds of investors hoping to capitalize on the trend.Among them is Pathfinder, the venture capital arm of Hewlett Packard Enterprise Co., which on Thursday contributed to a $21.5 million financing round into Hedvig Inc. as part of this gold rush. The technology giant was joined by Singaporean government fund EDBI and several returning backers including Vertex Ventures, the firm that led Hedvig’s previous $18 million raise back in 2015.
2017-03-03