TECHunplugged | More Money for the Hyper-Converged Market
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More Money for the Hyper-Converged Market

15:38 23 March in Community, Uncategorized

— More Money for the Hyper-Converged Market

This month, SimpliVity Corporation (www.simplivity.com) announced a Series D round of financing, raising an additional $175m for a total valuation of $1bn.  To date, the company has raised $276 million in four rounds (press release).  The money is to be used to fund company expansion, including a global roadshow event at which I will be presenting on behalf of Langton Blue (disclosure: SimpliVity will be a client of Langton Blue in May).  It is clear that hyper-convergence has struck a chord with customers, no doubt due to the sheer simplicity…



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