GeekWire, 1/18/2012 –
Ignition Partners is continuing its transformation into a national venture capital firm. The latest example is WhipTail, a Whippany, New Jersey company that today announced a second round of venture capital financingfrom RRE Ventures, Spring Mountain Capital and Ignition. The size of the investment was not disclosed. But, as part of the deal, Ignition’s Richard Fade is joining the board.
WhipTail describes itself as an all-flash enterprise class storage array, a solution that boosts storage performance. More than 100 customers are currently using the technology, including inVentiv Health, The Pension’s Trust and Ohio.gov. Today, AMD announced that it replaced 480 15K spinning drives with WhipTail’s solid-state storage arrays, a move that the companies said will eliminate slow response times associated with the older technology.