Reduxio Systems
Reduxio is an information technology and computer storage company based in United States and Israel.
History
Reduxio was founded in August 2012 by Mark Weiner, Nir Peleg and Amnon Strasser. The company received a total of $27 million in venture capital funding. The first round of $12 million was raised in April 2013 from JVP, Carmel Ventures and Intel Capital. A second round of $15 million led by Seagate Technology followed by the existing investors was closed in October 2014.
Technology
Reduxio builds a hybrid storage platform that provides high capacity savings and infinite data recoverability through unique real-time primary storage compression and deduplication and protection technologies called NoDup™ and Backdating™. Reduxio technology combines SSDs and HDDs in a very efficient block-level tiering combined with in-line dedup - which provides SSD performance at an affordable price point for the majority of the storage market.
External links
- Reduxio Website 1
- NASDAQ: Israel Storage Company Reduxio Raises Funds from Seagate and Intel (video) 2
- Reuters: Israel storage company Reduxio raises funds from Seagate, Intel 3
- ComputerWorld: Seagate, Intel back tech that obliterates redundant data before it’s written 4
- Globes: Hybrid Storage Company Reduxio Systems Raises $15M 5
- Business Insider: 20 Hottest Startups from Israel in 2014 6
- CRN: The 10 Coolest Storage Startups Of 2013 7