Israeli Storage Company Raises $95M

October 8, 2017 | Israeli digital storage company Infinidat has raised $95 million in a Series C fundraising round led by Goldman Sachs Private Capital Investing, with participation from previous investor TPG Growth. This brings the company’s total equity funding raised to $325 million. The company is now valued at $1.6 billion. Infinidat was founded in 2011 by Israeli-born engineer Moshe Yanai, who is currently the company’s CEO. The company currently has headquarters in both Herziliya, Israel and Waltham, Massachusetts. There are also offices in over 15 countries worldwide. Infinidat offers enterprise data cloud storage solutions to telecommunication firms, banks, and cloud service providers. [Photo: Thompson Reuters]