Big iron storage supplier Infinidat blags more o’ that sweet VC cash

Moshe Yanai’s Infinidat has gained $95m in third-round funding and wants us to know that it’s not a debt-fuelled Silicon Valley extravaganza of a startup like others that have crashed and burned or gone through bought-at-a-discount acquisitions.

Infinidat was founded in 2010, took in $80m around 2012, $150m in 2015 and has notched up $325m in total funding with the latest C-round, bring its value to $1.6bn. We’re told it has enjoyed a a 33 per cent increase in valuation in less than two-and-a-half years because of its growth in revenues.

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