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Rhode Island data deduplication appliance company GreenBytes Inc. has raised $1 million in a new funding round planned for $2 million, according to federal documents.
While the filing with the U.S. Securities and Exchange Commission did not name the pair of backers in the company, the document noted as a related person Sunil Dhaliwal, a partner at Waltham-based Battery Ventures. Battery was an investor in GreenBytes’ Series A round, which brought in $8 million and closed in September of 2009.
GreenBytes, based in Ashaway, R.I., was founded in 2007 by CEO Robert Petrocelli, who founded Rhode Island health-care information technology startup Heartlab, which sold in 2005 to Agfa-Gevaert NV for $132.5 million. Serving as GreenBytes’ president and COO is Robert’s brother Richard Petrocelli, who also served as president at Heartlab.
The company unveiled its GB-X storage appliance family in 2009. The appliances are based on solid-state disk (SSD) storage and can perform inline deduplication of data from either storage area network (SAN) or network attached storage (NAS) systems, according to the GreenBytes website.
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