Because the valley is a small place, VentureBeat will probably find out the amount soon, and we’ll be able to tell whether this “major” or not.
The six-year-old company has had a rocky recent history — apparently producing a decent product but suffering a nasty split with its chief executive and other members of his team a little more than a year ago. It has raised at least $74 million in previous rounds. The latest funding suggests its backers think its product is ready for a big-time distribution push.
The round was led by Guggenheim Venture Partners. Also participating are Menlo Ventures and U.S. Venture Partners.
In a statement, F. Javier Fernandez, Ph.D. Managing Director, at Guggenheim Venture Partners, said: “…We think that their latest breakthrough in storage networking technology, which Intransa will be introducing over the coming months, represents a solution that will enable customers to experience a new level of performance not available from any other storage vendor.”