Reduxio Systems is a San Francisco-based provider of storage and data management solutions for the enterprise. It offers an operating system called Reduxio TimeOS™ that places data in the middle of its architecture and enables complete virtualization of all types of storage. The company is led by co-founder and CEO Mark Weiner. In March 2017 Reduxio secured $22.5M in Series C funding in a round with a total target of up to $32M. Reduxio said it will use the funds for continued innovation and global marketing efforts. In conjunction with the financing, Marcos Battisti of C5 Capital joined Reduxio’s board. Reduxio Systems is a Petach Tikvah, Israel-based hybrid storage provider. Led by Chief Executive Officer Mark Weiner, the company builds enterprise hybrid storage arrays specifically designed for today’s environments, focusing on cloud, virtualization and structured data sets. Reduxio closed a $15M Series B funding round on June 10, 2014. The round was led by Seagate Technology, with participation from existing investors Jerusalem Venture Partners, Carmel Ventures and Intel Capital. In conjunction with the investment, Seagate will obtain a seat on Reduxio’s Board of Directors. The company intends to use the funds to accelerate product development and support its commercialization plan. Reduxio Systems is a Tel Aviv, Israel–based company that builds scale-out hybrid storage arrays. Founded in 2012 by storage veterans Mark Weiner (CEO), Nir Peleg and Amnon Strasser, it targets cloud and corporate cloud environments. Its products are designed for virtualized, application-dependent storage needs. The company focuses on hybrid arrays that combine different storage tiers to serve modern virtualized infrastructures. Financially, Reduxio completed a $9M Series A funding round in 2013. The round was led by venture investors JVP and Carmel Ventures. No operating metrics were disclosed in the article.

Total raised

$47M

Funding rounds

3

Latest round

Series C

Latest activity

Mar 2017