The 10 Coolest Startups Of 2012


8. Astute Networks

CEO: Steve Topper

Astute Networks is making waves with its Networked Performance Flash and related technologies, which speed up cloud computing, server and desktop virtualization deployments and deliver optimized data stores using flash memory.

The San Diego, Calif.-based company in June won $12 million in venture funding, led by Samsung Venture Investment Corp., the investment arm of Samsung Group, a provider of NAND Flash memory.

Also participating in the funding round were Tallwood Venture Capital and Narra Venture Capital, as well as Ayala Capital, ICCP Venture Partners and TIFF.