TenaFe closes USD29m Series A led by Northern Light Venture Capital and Eight Roads

TenaFe, a solid state drive (SSD) R&D startup, announced that it has completed a USD29 million Series A round of financing, led by Northern Light Venture Capital and Eight Roads, with participation from well-known global chip manufacturers.

TenaFe, a solid state drive (SSD) R&D startup, announced that it has completed a USD29 million Series A round of financing, led by Northern Light Venture Capital and Eight Roads, with participation from well-known global chip manufacturers.

Proceeds from this round of financing will be used to accelerate the development of products aimed at the enterprise and data center markets.

Founded in 2019, TenaFe is a developer of an SSD (Solid State Drive) controllers intended to provide for data storage solutions. The company’s technology connects to a wide range of devices from connected gadgets to personal computers to data centers, enabling its users to have reliability and energy efficiency.

TenaFe is headquartered in California, USA, and has branches in Beijing, Shanghai and Taiwan. The founder of the company has successfully founded Tidal Systems. The core founding team is composed of several experienced experts in the data storage industry.

The SSD controller products developed by the team have been sold to major OEM and enterprise markets in large quantities.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/04/tenafe-closes-usd29m-series-a-led-by-northern-light-venture-capital-and-eight-roads/.

Leave a Reply

Please Login to Comment