September 25, 2012
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Mitsui Global Investment Makes Strategic Investment in Kaminario |
NEWTON, Mass. - Sept. 25, 2012 - Kaminario, a leading provider of high performance all solid-state (SSD) SAN storage solutions, today announced that Mitsui & Co. Global Investment Inc. ("MGI") has made a strategic investment in the company. The investment will be used to support Kaminario's expansion into new markets.
"MGI is a venture investment subsidiary of Mitsui & Co. Ltd. ("Mitsui"). Mitsui and its subsidiaries have a strong presence in the Japanese IT industry as well as broad and deep roots in the Asian market. With their experience and this strategic investment, we can enable a smooth expansion into the Japanese market," said Dani Golan, CEO of Kaminario. "We have seen the Kaminario K2 SSD storage solution establish tremendous traction in global markets such as finance, manufacturing and health care, and this strategic investment by a major player will help us continue this growth."
Kaminario recently announced record-breaking Storage Performance Council SPC-1 Results showing the Kaminario K2 performs at 1,219,973.91 SPC-1 IOPS™, setting a new world record in sustained storage performance. The K2 also set a world record for price performance, coming in at 40 cents per SPC-1 IOPS. The Kaminario K2 is the only SSD storage solution on the market today to offer a true scale-out architecture designed specifically to deliver on the full potential of solid-state media.
Kaminario recently closed a $25 million dollar D round of funding. To date, Kaminario has received almost $70 million in funding.
About Mitsui & Co. Global Investment Inc.
Mitsui & Co. Global Investment Inc. ("MGI") is a venture investment subsidiary of Mitsui & Co. Ltd., a Japanese trading, investment and service enterprise. MGI provides growth and venture capital funding to companies with high growth potential and genuine international ambitions. The company has offices in New York and Menlo Park. http://www.mitsui-global.com/en/
About Mitsui & Co. Ltd
Mitsui & Co. Ltd. ("Mitsui") is one of the most diversified and comprehensive trading, investment and service enterprises in the world, with 154 offices in 68 countries as of August 2012. Utilizing global operating locations, network and information resources, Mitsui is multilaterally pursuing business that ranges from product sales, worldwide logistics and financing to the development of major international infrastructure and other projects in the following fields: iron and steel products, mineral and metal resources, infrastructure projects, motor vehicles, marine and aerospace, chemicals, energy, food resources, food products and services, consumer services, IT, finance and new business, and transportation logistics. Mitsui is actively taking on challenges for global business innovation around the world. http://www.mitsui.com/jp/en/index.html
About Kaminario
Founded by storage experts from EMC, NetApp and IBM, Kaminario is leading the Flash SSD revolution in SAN storage. The Kaminario K2 family of all solid-state SAN storage eliminates I/O bottlenecks and dramatically reduces latency to accelerate critical business applications at a significantly lower cost and with a smaller footprint than legacy SAN storage. The Kaminario K2 is the first enterprise-grade SAN storage with a true scale-out architecture built from the ground up to take full advantage of modern Flash SSD performance. With built-in, self-healing high availability and data protection, the K2 consistently delivers ultra-low latency, tens of GB/s of throughput and millions of IOPS. Kaminario is simply faster.
Contact:Beth Bryant
508-786-3013
bbryant@marketrecognition.com
