Announced
Completed
Financials
Sources
Tags
United States
Venture Capital
storage solutions
Cross Border
Minority
Data Centers and Hosting
Acquisition
Single Bidder
data storage
Private
Private Equity
Completed
Friendly
Synopsis
TPG, a private investment firm, and Goldman Sachs, a multinational financial services firm, led a funding round in Infinidat, an Israeli-American data storage company, with participation from Claridge Israel and ION Crossover Partners. “There is a growing urgency for enterprise IT organisations, and managed service providers, to remain competitive by exceeding service levels, whilst efficiently managing costs and complexities within storage environments. We are proud to continue our partnership with Infinidat and welcome Boaz to the leadership team. With the addition of his deep sector experience and the completion of a strong funding round, Infinidat is poised to meet the rapidly changing needs of their customer base and position themselves as the go-to provider of agile storage technologies,” Tim Millikin, TPG Growth Partner.
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