Intel Capital makes investment into Nirvanix

Nirvanix, a San Diego, Calif. storage startup, has received an investment for an amount in the “mid-single digit millions” from Intel Capital, according to the company’s CEO.

That follows an investment of $12 million two months ago, at which point the company said it had signed on 40 customers. Nirvanix directly competes with Amazon’s S3, a remote storage and delivery service for online applications like video.

For a point-by-point comparison of some features Nirvanix offers in its effort to differentiate itself from Amazon, check out the company’s own list, located here.

Next Story: Roundup: Kyte gets more, Microsoft’s ad deal, NetSuite’s golden IPO, more
Previous Story: Solar CIGS production to pick up — HelioVolt building plant in Austin

Bookmark and Share

Tags: ,

Photo of Chris Morrison

About the Author, Chris Morrison

Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.