San Jose, Calif. -- Ocarina Networks, a San Jose-based developer of online storage optimization technology, said on Wednesday that it has landed $20 million in its second round of funding, led by JAFCO Ventures. Previous investors Kleiner Perkins Caufield & Byers and Highland Capital Partners also participated. Ocarina's system is designed to allow customers to store the same amount of data on significantly fewer disks, freeing up space for new files and reducing capital expenditures. The company, headed by CEO Murli Thirumale, said that its technology not only optimizes storage capacity for backup or archived data, but also online file data.
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http://biz.yahoo.com/iw/090225/0477071.html
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