Datagres Technologies Inc has raised $2 million from Nexus Venture Partners in a series A round. The company also announced the launch of PerfAccel, its next generation data management platform that is used to manage and scale application data in a heterogeneous storage environment.
The company will use the funds to expand its footprint in US and Asia markets. Datagres’ approach is to use existing centralized storage servers for data at rest while bringing on-demand active data closer to the application servers.
PerfAccel uses analytics on application data access patterns to move data around. PerfAccel allows customers in the Big data, Grid, virtualized infrastructure, and HPC markets to accelerate application performance [PR].
Nexus Venture Partners closed its third fund with committed capital of about $270 million about six months back.