Mountain View-based Gear6 today announced it has secured a $ 10 million financing round led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The closing of this financing round brings the total capital invested in Gear6 to $24.5 million.
Gear6 accelerates I/O for real-time application performance and delivers centralized caching solutions in the data center. It’s most notable product is CACHEfx, a line of appliances that deliver high I/O operations per second and extremely low latency to accelerate the performance of data intensive applications, integrating both a hardware and software solution.
“We are pleased to welcome Horizon Ventures as an investor in Gear6,‘ said Tom Shea, president and chief executive officer. ‘The market for our CACHEfx scalable caching appliances is poised for significant growth and this financing round gives us the opportunity to meet increasing demand for centralized caching solutions across key markets including performance computing, databases, business intelligence, web-scale and virtualized environments.”
[Source: Ad-Hoc-News]
