Kingston Backs PCI-Express Data Center Technology Startup

Fountain Valley-based Kingston Technology is one of the backers of a company developing adaptable, datacenter computing technology based on PCI-express fabrics. Liqid said Wednesday that it has raised $10M in a Series A funding, in a round from Market Hill Capital, and also included Phison Electronics Corporation. The company said its prior seed investment came from Kingston Technology, Phison Electronics, ABR Capital Management and DH Capital, and that it has now raised $20M in total. Liqid is based in Colorado, and says it uses a PCI-express (PCIe) fabric to decouple the limitations of motherboards. Kingston Technology is an Orange County-based maker of flash memory cards and solid state storage. More information »