Ignition Partners, a new investor in Coho Data has helped the company to raise $25 million. Andreessen Horowitz, an existing investor was also involved in the funding round.
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Most industries acknowledge that increasing IT Storage needs is a fact of life even in the face of economic downturn.
Newer and more efficient ways of optimizing existing storage facilities are being explored as budgets are tight and capital outlay has been squeezed, writes Samantha Sai for storage.biz-news.