Existing Investors Invest £2.2 Million ($3.6 Million) in Series A Funding Round for Acunu

Based in London, United Kingdom, Acunu is a pioneer software company which is launching a beta test of a new data storage system. The company announced on February 24, 2011, that it has closed £2.2 million ($3.6 million) in a series A funding round from its existing investors, who include Eden Ventures, Oxford Technology Management, and Pentech Ventures LLC, UK.

Acunu is a software company that was founded in 2009 to develop a complex cloud storage system that handle all the complexities and inefficiencies that face many data storage providers face. One of the greatest challenges that most data storage providers face is the ability to provide their customers with larger storage space with fewer computers, less power, and at a lower cost to the customer. These challenges need to be met as there is a growing demand of cloud storage of data is growing at a heart stopping pace.

Along with the closure of this funding round, Acunu also announced that it has launched the first beta test of its new storage program, the Acunu Storage Platform. This particular platform is intended to be used by all kinds of companies, such as social media, advertising, and cloud computing. Acunu believes that its new software is just the right thing that many IT technicians believe is needed to meet the challenges that all the above mentioned industries face. The program works by combining big data tools with a basic redesigning the entire storage stack that will extract at a much higher and more predictable rate.

According to the CEO of Acunu, Tim Moreton, Acunu can handle all the big challenges that many big data companies face. Many companies which require big data include both startup companies and enterprises that have been around for a while. Mr. Moreton further added that the proceeds of this funding will help with the growth and speed up the adoption of Acunu’s technology.

Eden Ventures is a vc firm that primarily invests in companies who are in the software, SaaS, digital media, internet, mobile media, and other tech industries. The team at Eden Ventures is made up of both entrepreneurs and investment professionals. The firm boasts that the combination of both of the experience from entrepreneurs and investment professionals is just the right mix and provide the right resources for its portfolio companies. Some other companies in Eden’s portfolio include Blink Box, Boirro, Huddle, Tru, Zamenta, Bright Pearl, and others.