Tuxera Secures More Growth Funding

Tuxera secures more growth funding, accelerates international expansion plan.

Helsinki, Finland  – December 23, 2009  – Tuxera, the leading interoperable file system software provider, is pleased to announce it has secured more growth funding. The company was evaluated by a panel of venture capitalists and private investors who made an unanimous recommendation to grant funding targeted at highly innovative companies on behalf of Tekes – the Finnish Funding Agency for Technology and Innovation. The Agency already granted Tuxera R&D funding in June 2009.

“We are extremely happy about the positive funding decision that came after a very competitive four-month long process. With the new funding in hand, we can capture new markets and accelerate our international expansion plan. Our goal is to serve customers any size, any place, any time.” notes Mikko Välimäki, Tuxera CEO. “It is crucial to be a winner in these turbulent economic times. Tuxera is bigger, better, and faster every day. But we cannot stop to celebrate yet. We will continue the hard work to take the leadership in the world file system markets, and related products, with full steam.” adds Szabolcs Szakacsits, Tuxera CTO and founder.