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Cambridge, US-based data optimization software maker focused on storage efficiency; acquired by Red Hat in 2017.
Founded in 2000 and based in Cambridge, US, Permabit Technology Corporation provides data optimization software focused on storage efficiency, through technologies such as deduplication, compression and thin provisioning. Red Hat, Inc. acquired the company in July 2017 for an undisclosed amount. Its latest funding was a USD 12.00 mn Series C round led by Baker Capital, which is also its total funding raised.
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