Delphix Wins $25 Million For Database Virtualization
Delphix, a startup that is developing database virtualization software, announced in June that it had received $25 million in venture funding.
The Menlo Park, Calif.-based company says its software reduces database storage costs and improves application management.
The company emerged from stealth mode in 2010 and says it has Fortune 1,000 customers in a variety of industries. The funding round was led by Jafco Ventures. Summit Partners and Battery Ventures joined Jafco as new investors in Delphix. Already investing in the company are Greylock Partners and Lightspeed Venture Partners.