Maginatics attracts venture capital from Intel, others

08/20/2013 | Bloomberg

Maginatics, competing in the growing market for data storage and access, has received $17 million in an Intel-led funding round, with investments from Comcast Ventures, China's WestSummit Capital, EMC, Atlantic Bridge and VMware. "We would have to work much harder to get this in the market" without bigger companies as partners, said Amarjit Gill, Maginatics co-founder and CEO.

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