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Maginatics Raises $17M Series B Round

By TechTaffy Desk

Distributed enterprise storage company Maginatics has raised $17 million in Series B funding. The investment was led by Intel Capital with participation from WestSummit Capital, Comcast Ventures and existing investors including Atlantic Bridge and VMware.

Dharmesh Thakker of Intel Capital and Raymond Yang of WestSummit Capital are joining the Maginatics board.

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