The round – led by TransLink Capital, a new investor – also included other new investors such as LSI, Red Maple Ventures, Darwin Ventures, A-Data Technology, and UMC Capital, and as well as all the existing investors of SandForc like Storm Ventures, DCM, as also tier-1 storage OEMs.
Alex Naqvi, president and chief executive officer of SandForce Incorporated, said in a statement that the company has made “rapid strides into the marketplace” since its launch only 6 months ago.
SandForce is now shipping silicon to top-tier SSD OEM customers, Alex Naqvi added.
The new funding, according to him, will help SandForce speed up its expansion as well as development of its new products, eventually leading to maintaining the company’s market leadership.
SandForce Incorporated said it is also hiring personnel with a view to expanding its technical, operations, business and support staff.
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