Two Orange County startups going after the data storage networking market raised nearly $40 million in venture funding last week.
Aliso Viejo-based Datallegro Inc., seller of a data storage device and software, raised $22.5 million in a third round of funding, bringing its total to more than $42 million.
Foothill Ranch-based Aristos Logic Corp. raised $15 million in a sixth round of funding, bringing its total to more than $80 million.
Aristos makes controllers,chips and circuit boards,for data storage systems. It’s one of the best-funded startups in OC.
Datallegro said it hopes to offer its software along with data storage computers made by other companies. Datallegro’s software is made to be installed in a company’s server room.
Its funding round was led by Palo Alto-based Jafco Ventures, a new investor. Datallegro’s other new investor was Focus Ventures of Palo Alto.
Prior investors also took part.
Aristos’ round was led by a “new strategic investor” the company declined to name. Existing investors Panorama Capital (formerly JP Morgan Partners LLC of New York), Menlo Park-based TPG Ventures Inc., Redwood Shores-based Woodside Fund and Saratoga-based QTV Capital also took part.
,Brian Womack
