Data Management Startup Vexata Brings In $54 Million

Vexata completed $54 million in financing. Four investors contributed to the round: Mayfield Fund, Intel Capital, Lightspeed Venture Partners, and Redline Capital Management.

Vexata combines distributed data management software and advanced networking principles. It is an active data infrastructure company that accelerates database and analytic platforms. Its data infrastructure solutions enable transformative performance at scale for the I/O intensive applications driving digital business. Vexata solid state storage systems are based on its VX-OS software and, according to the company, deploy seamlessly into enterprise and cloud data center environments.