SwiftStack Gets $16M to Make Open Source Software-Defined Storage Easy for Enterprises

SwiftStack wants to make open source storage software work really well on commodity hardware, says founder and CEO Joe Arnold, whose OpenStack Swift-based software-defined storage company recently raised a $16 million Series B funding round. The round was led by OpenView Partners, a venture capital firm that specializes in boosting growing enterprise software companies after they have found their market fit, but before they have gone to market.

Source: Tech