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Iguaz.io raises $15 million Series A funding led by Magma Ventures

  • Region:

    Israel

  • Sector:

    Software & Services

  • Deal Size:

    $15 million

  • Buy Side Company:

    Magma Venture Partners, Jerusalem Venture Partners
  • Sell Side Company:

    Iguaz.io
  • Target Company:

Iguaz.io said Wednesday that it raised $15 million in Series A funding led by Magma Venture Partners. Other investors, Jerusalem Venture Partners and strategic investors also participated. Israel-based Iguaz.io provides data management and storage solutions for Big Data. Iguaz.io was co-founded by Yaron Segev, the former co-founder and CEO of the flash storage company XtremIO, which sold in 2012 for $430 million to data storage giant EMC, according to the Israeli site Globes. One of XtremIO’s investors was Jerusalem Venture Partners.

Tags:

VC Deals,Iguaz.io,Magma Venture Partners,XtremIO,Big Data,Technology