NexGen Storage Acquires Series A Funding

NexGen Storage has recently received its first round of Series A  financing, and will be using the additional funds to accelerate product availability and recruit additional talent. NexGen is an innovative company that provides SAN storage for virtual server environments. This round of investments was led by Grotech Ventures, and was participated in by Access Venture Partners.

Their CEO John Spiers shares more information about the company in our recent e-interview:

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Kony Solutions To Expand Its Reach Through Newly Acquired $19.1M In Series A Funding

Kony Solutions aims for sales and marketing expansion as well as further research and development with their newly acquired $19.1 million in Series A financing.  The investment was led by Insight Venture Partners that provided an initial funding of about $13.4 million.

Kony’s CEO Raj Koneru shares their excitement, and more information about the company in our recent e-interview:

Who are your competitors and how are you different from them?

While there are many mobile solution providers in the marketplace today, Kony offers unique Write Once, Run Everywhere technology and a full suite of support services to consumer-facing companies. Kony’s technology is matchless in its ability to allow applications to access the best possible features of each operating system. Rather than a least common denominator approach, the Kony Mobile Application Platform enables applications to be optimized for individual device platforms and exposes extensive platform specific properties and development options, enabling applications to provide the richest possible experience on each device.

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