CEO: Rory Bolt
Proximal Data, founded in 2011, earned $2 million in Series B funding from Divergent Ventures and existing investor Avalon Ventures. The Sand Diego-based company was formed by former EMC executives with the aim of eliminating I/O bottlenecks for virtualized servers. Proximal Data's AutoCache software is designed to cache storage across virtual machines. The startup has expanded its business this year through some big channel partnerships with companies like Harwood International and TriAxis Storage Solutions.