Hedvig raises $18M in Series B

What does Hedvig do?

Hedvig, is a startup which is re-defining software defined storage. This startup is built by software engineers of the world’s largest and most successful distributed systems. The company delivers modern storage for any enterprise compute environment  running at any scale. It is the only software defined storage solution platform with true distributed systems DNA, not constrained by the traditional thinking and current architectures which cannot keep the pace with the scale out applications and changing velocity in current business climate.

Hedvig gets smarter and better as it scale. It defies the conventional wisdom, transforming commodity hardware into the most advanced storage solution which is available. It collapses disparate storage systems into one platform by accelerating data to value, creating a virtualized storage pool which provisions storage in just a few clicks, scales to petabytes and runs seamlessly in public and private clouds.

How much Hedvig was funded?

Hedvig raised   $18M in Series B funding on June 1, 2015 from Vertex Ventures, True Ventures, Atlantic Bridge and Vertex Venture Capital.

Previous funding

$2.5M in Seed funding on June 7, 2012 from Redpoint Ventures and True Ventures

$10M in Series A funding on March 25, 2015 from Redpoint Ventures, Atlantic Bridge and True Ventures

What is next for Hedvig?

To date the company has raised $30.5M in financing. The startup plans to use the latest funding raised to fuel its rapid global expansion and to address the demands of its growing customer base.

More about Hedvig

Hedvig was founded in 2012 by Avinash Lakshman. It has its headquarters in Santa Clara, CA. This software define storage system accelerates data to value by collapsing disparate storage systems into one platform, creating a virtual pool which provisions storage with just some clicks, scales to petabytes and runs seamlessly in public and private clouds.