November 27, 2007 1:29 PM PST
Xiotech nabs $40 million in funding
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Xiotech announced Tuesday it received $40 million in a funding round, led by Steve Luczo, Seagate Technology's chairman.
Xiotech, a data storage company, will use proceeds from the investment round to bring so-called advanced storage architecture technology it acquired from Seagate to market. Xiotech also announced that Luczo will sit on its board of directors.
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- XIOTECH INFUSION OF CASH
- by phtx November 28, 2007 9:15 AM PST
- Who cares?? Xiotech has crap technology and everyone knows it. They should have been put out of business a long time ago.....
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- Yeah, those stupid billionaires
- by kmbfa November 28, 2007 8:19 PM PST
- If they would just listen to a genius like you they might be able to make something of themselves one day. Please, more sage advice, maybe they'll come to their senses, quit investing in "crap" technology, and be successful like you! How's your Compellent shares doing there twinky boy?
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- Not a clue
- by arosesharp January 29, 2008 9:52 AM PST
- Such a statement indicates that you really don't have a clue.
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(3 Comments)