Memoir Systems raises $5.1 Million
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Sunnyvale: Memoir Systems, a startup developing technology for memory performance, has raised $5.1 million in a new round of financing from the Lightspeed Venture Partners, according to a regulatory filing. The company also raised $750,000 in debt, options, warrants or other securities from a single investor in September. The company, based in California, was founded by Sundar iyer and Da Chuang in 2009. Earlier, Iyer has founded Los Altos-based network memory company Nemo Systems, which was acquired by Cisco Systems in 2005.

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