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Boeing HorizonX invests in Agylstor storage systems

Drone
Agylstor says its ruggedized computational storage systems are well-suited for aerospace applications, including autonomous drones. (DJI Photo)

The latest investment by Boeing’s HorizonX venture capital arm is going to Agylstor, a Silicon Valley startup that’s developing ruggedized computational storage systems with potential aerospace applications.

Boeing HorizonX Ventures led the Series A funding round, with other private investors also participating, Agylstor said today in a news release. The size of the investment wasn’t immediately disclosed, but HorizonX investments typically range from millions of dollars to the low tens of millions.

Agylstor was founded just two years ago and is headquartered in San Jose, Calif. The company said the newly announced funding round adds to the support it has received through private financing and support from its business partners, including Amazon Web Services.

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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