Iguaz.io raises USD15m in Series A funding

Iguaz.io said it has announced a USD15 million Series A funding round led by Magma Venture Partners that includes additional investments from JVP and large strategic investors.

The iguaz.io founding team is comprised of a group of former executives from successful technology companies in the fields of storage, cloud computing, high-speed networking, analytics and cyber-security.

These companies include XtremIO (acquired by EMC), XIV (acquired by IBM), Mellanox (NASDAQ: MLNX), Voltaire (NASDAQ: VOLT, acquired by Mellanox) and Radvision (acquired by Avaya).

Over the past two decades, the team has enabled enterprise customers to evolve their data centers and has helped leading cloud operators design and deploy their hyper-scale data centers. Iguaz.io will use the funding to continue growing its team of experts in the spaces of Big Data, storage, security and networking.

Iguaz.io provides innovative data management and storage solutions for Big Data, IoT and Cloud applications. Based in Herzliya Israel, iguaz.io was founded by industry experts and innovators and is backed by top investors including Magma Venture Partners, Jerusalem Venture Partners and large strategic investors.