Wednesday, May 20, 2015

Kingston Backs Stealthy Data Center Startup Liqid

Fountain Valley-based flash memory developer Kingston is the lead investor in Liqid a stealthy developer of data center technology. Liqid said this morning that it raised $5.7M in funding, from Kingston Technology, Phison Electronics Corporation, ABR Capital Management, along with investors aggregated by DH Capital. The company has not announced what it is doing, but the company's CEO, Jay Breakstone, was previously Chairman and CEO of pureSilicon, a developer of solid state storage. Kingston is a major provider of flash memory to the SSD industry. Liqid is based in the Denver, Colorado area. More information »