NVMdurance Announces Further Endurance Gains and New Funding at Flash Memory Summit 2014
ACT Venture Capital and Enterprise Ireland join New Venture Partners and NDRC
Murray Hill, New Jersey (PRWEB) August 04, 2014
Irish technology company, NVMdurance, extending the life of solid state discs more than twentyfold, has today announced even greater NAND flash endurance gains and additional investment. Existing investors, New Venture Partners and NDRC, have been joined by ACT Venture Capital and Enterprise Ireland in an $800,000 funding round.
A year after winning Most Innovative Technology at Flash Memory Summit 2013, NVMdurance has disclosed that it has successfully applied its technology to even the latest small-geometry flash memory – something that many believed to be impossible.
NVMdurance software is now proven to make Solid State Disks last more than 20 times longer by extending the endurance of the flash memory on 1x nm chips.
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