Reduxio among 10 coolest Storage Startups of 2013
Reduxio among 10 coolest Startups of 2013
In an article published today by CRN – News and Strategic Information for Solution Providers, JVP's portfolio company ReduxIO was chosen among the top-10 coolest startups of 2013. ReduxIO joined a great list of innovative storage companies such as Exablox, NexGen Storage, Nimble and Nutanix.
ReduxIO was described as: 'Tel Aviv, Israel-based Reduxio Systems, a developer of hybrid flash and disk storage technology, first unveiled its intent to compete in the storage market by unveiling a $9-million Series A round of investment in the company. While Reduxio has yet to offer details about its technology, the company claims to have developed a new way to help customers integrate SSDs into their legacy storage architectures. "Designing a system from the ground up allowed us to break free of all the limitations and to fully take advantage of new network, server and drive architectures,” said Mark Weiner, CEO of Reduxio, in a statement. "In this way, we can deliver revolutionary functionality to match the particular needs in cloud, virtual machine and structured data environments."
Congratulations CEO Mark Weiner and the entire Reduxio team!
ReduxIO was first incubated in the JVP Labs in November 2012 and graduated the incubator in April 2013 following series A financing.