NEWS RELEASE
For more information, contact:
Michel Courtoy
Rozo Systems
pr@rozosystems.com
Rozo Systems Closes 700K€ in Seed Funding
Nestadio Capital, Ouest Angel Fund Scale-Out NAS Storage Company
NANTES, FRANCE, February 23, 2015 — Rozo Systems, a leading provider of software-defined scale-out NAS storage solutions, announced today that it has raised 700K€ in a seed round of financing led by Nestadio Capital and Ouest Angel Développement. The company will use the funding for product development and to launch its US sales efforts.
Founded in 2010 as a spinout of the University of Nantes, Rozo Systems delivers a converged software-defined scale-out NAS solution based on patented erasure coding technology. The RozoFS software delivers the most cost effective peta-scale file system by running on off-the-shelf hardware and through raw capacity cuts of up to 65% that reduce power, cooling and space datacenter requirements.
“The high technical caliber of the Rozo team, its international focus, the flexibility of its RozoFS software and its ability to accelerate the development of the datacenter and Big Data markets immediately attracted us,” stated Bertrand Bégin, directeur général of Nestadio Capital.
About Rozo Systems
Rozo Systems is a leading provider of software-defined scale-out NAS storage solutions. Its RozoFS product delivers real-time performance, high resiliency and low cost for petabytes multi-user storage systems. The core of its patented technology is a unique erasure coding algorithm with unmatched performance. It runs on any standard x86 servers powered by Linux.
To achieve this mission, Rozo Systems benefits from an experienced team that combines talents from the high-tech industry and research labs, and from the support of its investment partners Nestadio Capital and Ouest Angels Capital. The company is headquartered in Nantes, France with a US office in San Mateo, California. For more information, visit www.rozosystems.com or email info@rozosystems.com.
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RozoFS is a trademark of Rozo Systems SAS. All other tradenames and trademarks are the property of their respective holders.