Venture Capital
MemVerge Emerges from Stealth Fueled by $24.5 Million Series A to Bring Memory-speed Processing to Enterprises as AI Workloads and Machine-Generated Data Proliferate Gaorong Capital, Jerusalem Venture Partners and Lightspeed Venture Partners Invest in Inventors of First-ever Memory-Converged Infrastructure Who Hail from EMC, VMware and XtremIO SAN JOSE, Calif., April 2, 2019-- MemVerge, the inventor of Memory-Converged Infrastructure (MCI), today emerged from stealth with $24.5 million in Series A funding.