Lightbits secures $42 million in strategic investment

Lightbits is a data storage service provider that provides a software-defined NVMe/TCP data platform, a decoupled, composable block storage solution for any cloud environment (private cloud, public cloud, and edge cloud). Lightbits today announced that it has successfully raised $42 million in growth capital. New investor Atreides Management led the round, with other investors including JP Morgan, Valor Equity Partners, Eyal Ofer’s OG Tech, PCG founder and chairman Richard Li, and current some investors etc.

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