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Intel Capital Makes Generous Investment to Nirvanix

Let’s conclude 2007 with a pleasant tale: Nirvanix gleans investment capital from Intel! Hurrah!

With the monies from its new Tier 1 investor, Nirvanix plans to further the conquests of its storage delivery network, which recently took on the chimerical challenges of college funding and rich media (talk about pressure!).

But onto the new. Fresh financing “enables us to build-out the world-wide network to meet growing demand,” said CEO Patrick Harr.

(Let’s hope some of that funding is used to help pump up the benefits for existing clients, too.)

Nirvanix currently purveys hosted storage services, focusing specifically on the storage issues incurred by digital media and user-generated content.

Its storage delivery network is powered by the Internet Media File System (patent pending).