SimpliVity becomes $US1 billion company

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[1] SimpliVity, a hyperconverged infrastructure company, has finally hit a value of $US1 billion after completing another round of series D funding valued at $US175 million.

[2] SimpliVity started its business in Australia and New Zealand in August last year and has been aggressive in its growth strategy in the markets.

[3] With the accumulated funding, it is set to double its employees by the end of April this year and further growth plans throughout the year.

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[Source] Australian Information Technology News – SimpliVity becomes $US1 billion company