Avaneidi, a Saronno, Italy-based company which specializes in security enterprise storage systems, raised €8M in Series A funding.
United Ventures made the investment.
The company intends to use the funds to accelerate development of its Enterprise SSDs (ESSDs) and all-inclusive storage appliances, enhancing performance, security and energy efficiency.
Led by CEO Dr. Rino Micheloni, Avaneidi is developing enterprise storage systems, from managing the basic storage media to its proprietary Operating System. Hardware, firmware, and software are entirely designed with a “security by design” approach, enabling security and reliability for enterprise-quality storage.
Its enterprise solid state drives (ESSDs) utilize chips and advanced algorithms, providing a bespoke solution optimized for performance and cyber security applications. Designed for on-premise data centers, their storage appliances offer an efficient alternative to traditional storage solutions, featuring extended drive’s lifetime, improved security and significant energy savings.
FinSMEs
20/06/2024