Gear6 News: $10 Million Financing Secured

Gear6 Secures $10 Million Financing Round From Horizon Ventures, U.S. Venture Partners and InterWest Partners

Centralized Storage Caching Innovator Lands Second Major Financing Round to Bolster Company Growth and Expansion

Mountain View, Calif. – March 26, 2008 – Gear6, accelerating I/O for real time application performance, today announced it has secured a $10 million dollar financing round led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The funds will be used to bolster the company’s market expansion being fueled by increasing demand for its CACHEfx line of scalable caching appliances. Centralized storage caching is rapidly emerging as the most simple and cost-effective way to increase data center application performance while dramatically reducing total storage costs. [read the full news release here]