GreenBytes is a Providence, Rhode Island–based developer of full-featured virtual desktop solutions that support existing infrastructure. Founded in 2007 and led by chairman and CEO Steve O’Donnell, the company offers IO‑Offload desktop virtualization products, including the IO Offload Engine hardware appliance and the vIO virtual storage appliance. Its products are designed to allow service providers and OEMs to quickly deliver ecosystem-agnostic, full-featured virtual desktops from departmental to cloud-scale. GreenBytes’ technology includes a patented zero latency inline deduplication capability. The company raised an additional $7m in Series C funding from Generation Investment Management LLP and Battery Ventures. It intends to use the capital to expand global sales, marketing and partner development and to continue R&D on its inline deduplication technology. GreenBytes produces high-performance, energy-efficient inline data deduplication storage solutions built on solid-state disk (SSD) technology and its Globally Optimized (GO) software. Its product lineup includes the Solidarity, HA-3000 and GB-X Series of globally optimized storage arrays. The company targets flash storage adoption for small and medium enterprises (SME) with a purpose-built solid state storage array. GreenBytes plans to use new funding to expand and accelerate global sales, marketing and channel development. It also intends to invest in ongoing research and development of its patented technology. The company is led by CEO and CTO Bob Petrocelli. GreenBytes develops energy-efficient inline deduplication storage appliances—combined hardware and software—that enterprise IT teams use to store and protect very large datasets while controlling energy use. The company says its technology can cut storage power consumption by about 50%. Founded in 2007 by Robert Petrocelli, GreenBytes targets customers seeking lower-cost, lower-power storage infrastructure. Battery Ventures reports the company has seen strong growth in customers and revenue in recent quarters. GreenBytes recently navigated legal threats related to Zettabyte File System usage from Sun/NetApp. The company plans to raise a Series B in the next year. GreenBytes builds optimized data storage appliances that use deduplication to improve capacity efficiency and energy use. The company recently launched its GB-X Series of ultra high-performance, energy-efficient deduplication storage appliances. GreenBytes emphasizes capacity-optimized storage and positions the GB-X line as the result of years of R&D and customer collaboration. Management says it aims to delight customers and channel partners with its deduplication approach. Financially, GreenBytes announced an $8M Series A funding round led by Battery Ventures. The company is based in Ashaway, Rhode Island.

Total raised

$31M

Funding rounds

4

Latest round

Series C

Latest activity

Apr 2013