OPTWARE Corporation, developer of patented Collinear™ Holographic Versatile Disc storage systems, announced today that it is raising a $14 million in venture capital, and planed to close on the money in August.

OPTWARE’s fifth round of equity financing was provided by four investors, Toshiba Corporation, Dai-Ichi Semei Capital Co., Ltd., Daiwa Securities SMBC Principal Investments Co. Ltd. and The Shoko Chukin Bank

INFO SOURCES

OPTWARE Corporation

FIRMS

OPTWARE Corporation, based in Yokohama, nearby Tokyo, Japan, is a privately held company founded in 1999.The company developed and patented a completely new form of storage, Collinear™ Holographic Versatile Disc storage, called HVD for short.  HVD will change the way businesses with mass storage needs or large data files securely store, transfer, and manage them.HVD enables enterprises to store up to 3.9TB’s on a CD sized disc with data transfer rates up to 1Gbps.

Collinear™ Holographic storage combines many of the highly desirable features currently found only in tape or hard disk like high capacity, high transfer rates, random access, fast seek speeds, and permanent storage (at least a 50 year life); all this with very low on-going maintenance and management costs, and HVD is easy to handle and store.

LINKED TO

OPTWARE Major Stockholders

Apax Globis Partners & Co.;
Chuo Mitsui Capital Co., Ltd.;
CMC Magnetics Corporation;
Diamond Capital Corporation;
FUJI PHOTO FILM CO., LTD.;
Intel Capital Corporation;
IT-Farm Corporation;
JAFUCO Co., Ltd.;
KONICA MINOLTA OPTO, INC.;
MARUBENI CORPORATION;
Matsushita Electric Industrial Co., Ltd.;
MEMORY-TECK;
Nomura Securities Co., Ltd.;
ORIX Capital Corporation;
Pulstec Industrial Co., Ltd.;
SMBC Capital Co., Ltd.;
TOAGOSEI CO., LTD.;
UFJ Capital Co., Ltd.;
Yasuda Enterprise Development Co., Ltd.