Venture Capital

Burlywood Completes $10.6M Series A Funding Round

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LONGMONT, Colo., September 12, 2018-- Burlywood, an innovator of flash-based storage for cloud data centers, today announced that it has completed its Series A funding with proceeds totaling $10.6 million. The money raised will drive strategic-growth initiatives, accelerate go-to-market activities and support the progression of Burlywood’s TrueFlash™ storage software solution towards mass production. The Series A funding round was led by Michael Jones and John Scarano with participation from Acadia Woods Partners. Mr. Jones is an investor, strategic advisor, and entrepreneur who founded (i) Structure which was purchased by Infocrossing and subsequently WIPRO.

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