Active Storage Gets Funding From Intel, Others

Torrance-based Active Storage a developer of RAID products for Apple computers, has raised a Series A funding round, the firm said Tuesday afternoon. The company--which was founded by former executives at Apple, Inc.--said the funding was led by Intel Capital, and also included Mission Ventures and Valhalla Partners. Amount of the funding was not disclosed. The firm said its founders were responsible for Apple's Active STorage XRAID products. The firm is headed by Alex Grossman. More information »