Flash player Tintri snares $75 million in fresh funds, jumps aboard IPO bandwagon

Talk about your healthy-sized funding rounds. Tintri, a maker of the virtualization-focused VMstore flash storage appliances, just netted $75 million in Series E funding to bring its total raised to $135 million, putting it squarely on the path to an initial public offering.

The Mountain View, Calif.-based company will use the money to increase its global presence and build out infrastructure to support a rapidly growing customer base.

“It’s our strong belief that applications drive business and infrastructure exists only to support applications. The concept of application-aware storage goes way beyond merely replacing some disks with flash,” Ken Klein, Tintri CEO and chairman said in a statement.

Tintri is not the only flash storage player heading for the public markets. Nimble Storage went public in December and Pure Storage, which netted a $150 million venture round in August, is heading in this direction.

Jeff Horing, managing director of Insight Venture Partners will join the board.

Tintri CEO Ken Klein
Tintri CEO Ken Klein