Storage processor developer Pliops raises USD 100 million Series D financing

Categories: Hi-Tech

Pliops has closed a USD 100 million Series D funding round, bringing the total investment in the company to over USD 200 million since its founding in 2017.

Pliops is a developer of a storage processor which enables cloud and enterprise data centers to access data 50X faster with 1/10 of the computational load and power consumption, increased its valuation significantly in the round.

Herzog Fox & Neeman advised Pilops on the transaction, led by partners Hanan Haviv and Yuval Meidar, along with associate Rei Even-Chen and intern Shelly Kur.

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