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December 4, 2012 06:30 pm GMT

ScaleIO Raises $12 Million For Software-Based Storage To Compete Directly With EMC, IBM And Hitachi Data Systems

scaleioScaleIO has raised $12 million in a Series A round from Norwest Venture Partners (NVP), Greylock Partners, and private investors for its software defined storage technology.ScaleIO is one of a new breed of storage providers that use software to scale across thousands of servers.

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