Lightbits Labs Gets Intel Funding, Touts Brand New Storage Strategic Relationship
вЂWeвЂ™ve gone beyond dating and have now gotten involved. This might be a commitment be effective together and also to allocate resources from both businesses. It is not pretty much money,вЂ™ states Josh Goldenhar, vice president of item advertising for Lightbits.
Intel has obtained an equity stake in Lightbits Labs, a designer of composable storage that is NVMe-over-TCP, and it is collaborating utilizing the business on future developments of this technology.
Lightbits laboratories Tuesday stated Intel Capital has spent an undisclosed quantity within the Santa Clara, Calif.-based company.
ItвЂ™s a move that, combined with new relationship that is strategic illustrates how important the Intel relationship will be Lightbits laboratories, said Josh Goldenhar, vice president of item advertising for Lightbits Labs.