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Arkeia Software Secures Series B Equity Funding  
July 2007   

Arkeia Software announced that it has received a $3M Series B equity funding from SPEF Ventures (Banque Populaire) and Crédit Agricole private equity.

Arkeia also announced the hiring of storage industry veteran Philippe Tiennot in the newly created role of Chief Operating Officer, and the promotions of Frederic Renard to EMEA Sales Director and Dave Elliott to General Manager, Americas and Asia Pacific. Proceeds from the new funding will be used to expand product research and to strengthen its operations, sales and marketing functions as it scales the revolutionary new EdgeFort all-in-one federated data protection appliance in the market.

July 2007  
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