Convergent.io Raises $10 Million from Andreessen Horowitz

Posted by Louis Rheaume

Vancouver's Convergent.io announced today it has closed a $10 million Series A round with Andreessen Horowitz.

Convergent.io is developing a disruptive storage technology that combines the flexibility of a software approach to redefine enterprise storage resources and storage networking with the economics of high-performance, commodity hardware to help customers realize the vision of the software-defined datacenter.

The round was financed entirely by venture capital firm Andreessen Horowitz, known for its expertise in infrastructure software and storage.

Convergent.io is an enterprise infrastructure startup redefining how storage resources and networking are delivered in the software-defined datacenter for rapid flexibility and high-performance.

While the  company is headquartered in Silicon Valley, it has a significant presence in Vancouver through local entrepreneur Andrew Warfield, who is one of the co-founders alongside Keir Fraser and Ramana Jonnala.

Company:
Convergent.io
Website:
http://www.convergent.io
Location:
Vancouver, British Columbia, Canada

Convergent.io’s mission is to free virtualization customers from the cost and complexity of today's monolithic storage architecture and enable them to focus on their data and applications. Backed by venture capital firm Andreessen Horowitz, we are developing an integrated software-defined storage and networking model that abstracts configuration and functionality from the underlying hardware while making use of... more


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Louis Rheaume

Louis Rheaume

Mr. Rhéaume has the scholarity of a doctorate in business administration, concentration in strategic management, innovation management and corporate finance. He holds a Master’s degree in finance. He has numerous years of experience in consulting, strategy, financial analysis and business intelligence, mainly in the telecommunications and computing industries. He has also been a researcher in... more




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