Wednesday, June 26, 2013

Hedvig raises 10M

Jun 25, 2013, 11:21am PDT

Ex-Facebook, Amazon data vet raises $10M for storage startup Hedvig


Storage startup Hedvig, led by Facebook and Amazon database innovator Avinash Lakshman, disclosed this week that it has raised $10 million.
Senior Technology Reporter- Silicon Valley Business Journal
Email | Twitter | Google+
Avinash Lakshman, the person credited with creating Cassandra to help Facebook handle masses of data, has raised $10 million for his stealthy storage startup, Hedvig.
The Santa Clara company's funding was disclosed in a Securities and Exchange Commission filing on Monday that didn't identify where the money came from.
The only person listed on the filing is Lakshman, although it indicated there were 14 investors involved and that this is a Series B round of funding. It also said the company was formerly known as Quexascale.
Lakshman has been guarded about what he is working on at Hedvig, except to say in an interview and video he did with GigaOm last month that it will disrupt the storage space and will be part of the infrastructure revolution that is replacing hardware controls with software.
Before his four years at Facebook working on Cassandra, Lakshman worked three years at Amazon where he helped create the Dynamo database system that much of Amazon.com runs on.
Lakshman said in the video that Hedvig is trying to make virtualized infrastructure as simple to use as Amazon's cloud services.
Click here to see the SEC filing by Hedvig.
Click here to see the YouTube video about Hedvig with Avinash Lakshman.
Click here to subscribe to TechFlash Silicon Valley, the free daily email newsletter about the region's founders and funders.
Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

No comments:

Post a Comment