2 June 2015

Hedvig closes $18m Series B round

Hedvig, the company with distributed systems DNA that is reinventing software-defined storage, today announced the close of an $18 million Series B funding round. The investment was led by Vertex Ventures with participation from existing investors True Ventures and Atlantic Bridge. Vertex Ventures General Partner In Sik Rhee also joined Hedvig's Board of Directors. With approximately $30.5 million in financing to date, the company will use the latest round of funding to fuel rapid global expansion and address the demands of its growing customer base.

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