Fusion-io Takes $45M More

Salt Lake City-based Fusion-io, a manufacturer of flash-based, solid state disk drives, has scored another $45M in a venture funding round. According to the firm, the Series C preferred stock financing was led by Meritech Capital Partners, and also included Accel Partners, Andreessen Horowitz, Triangle Peak Partners, New Enterprise Associates, and Lightspeed Venture Partners. The firm said the new funding will towards scaling up the company's infrastructure, plus for development of its next generation technologies. The funding brings the company's total announced funding to more than $111M, making it the most heavily backed firm in Utah. More information »