US-based flash storage provider Kaminario has expanded a $53m series E round backed by conglomerate Mitsui last month by a further $15m.
Kaminario has not disclosed details of who provided the additional funding, stating only that was provided by existing and new investors.
The oversubscribed first tranche featured Mitsui Global Investment, one of Mitsui’s corporate venturing units, as well as Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Tenaya Capital, Lazarus Hedge Fund, Silicon Valley Bank and an undisclosed public company.
The company has now raised $143m in total. Mitsui first invested as part of the company’s $25m series D round in December 2012.
Kaminario markets flash storage technology that is most commonly used in smartphones and mobile devices. Its storage disks have been developed from the ground up and are aimed primarily at mid-range enterprises.
The funding will be used to expand into five new regions in Europe during 2015.