AUTOMOTIVE

"YottaYotta's unique ability to provide data sharing and high availability across geography has inspired the confidence reflected in this current round of financing," said Richard Prytula, President and CEO of TechnoCap. "This new round includes venture capital and institutional investors from Canada, the United States and Europe." Commenting today on the new financial support, Bart Shigemura, YottaYotta's President and CEO, said, "These funds will be used to leverage our technical leadership position and accelerate our market deployment. By consolidating storage management tasks, enabling global data sharing, and ensuring 24x7 operations, our products are well positioned to meet the data access and protection requirements of Governments and the Fortune 500." The TPC strategic investment will be dedicated to high performance data sharing, management, and protection for the defence, security, aerospace and research sectors. The technology architecture will offer multi-site data collaboration, operational continuity, and real-time disaster recovery.