RunCore obtained 10 million USD investments


Source:RunCore  Key word:RunCore, OFC, Investment
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Shanghai, China – Mar, 2013 - RunCore, leading manufacturer of high-performance and rugged solid state drives (SSDs), today announce that it has closed $10 million in Series B financing led by OFC (Oriental Fortune Capital).

RunCore is the largest maker and supplier of SSDs in China, and has been one of the world’s fastest growing SSD companies, with a revenue growth rate of over 700% by listing in the “2011 Deloitte Technology Fast 50 China”.

“We believe that now is the best time to introduce the excellent strategic investors, and rapidly achieve company globalization. "RunCore Co-founder and CEO Jack Wu said, " the global solid state storage is booming, we hope to take this opportunity to explore business opportunities with our new partner in the future.”

“After several investigations and study, we believe that it is a right choice to cooperate with RunCore. It surely would bring us a win-win in business.” Said Mr. Chen, CEO of OFC.

RunCore’s expertise is especially strong in the enterprise and industrial sectors, where reliability, speed and energy efficiency of utmost importance. This funding will be used to accelerate the research and development of latest solid state storage technology.

For more information refer also to:
Official Website: www.runcore.co
Sales Enquiries: sales@runcore.co
Investor Relations : IR@runcore.co

About RUNCORE

Established in 2007, RunCore is the leading company who is dedicated to collaborating with customers and partners to develop and manufacture first-rate Solid State Drives (SSDs). With proprietary core technologies, RunCore is capable of providing customized solutions and efficient support for various applications. It has set up its support centers in the US, Europe and Asia, and also has established 6 representative offices and sales networks in China as well as in 22 foreign countries across Asia, Europe, North and South America, the Middle East and Australasia. For more information please visit RunCore Website: www.runcore.co

About OFC

OFC is targeting at with emerging Chinese companies of outstanding quality and growth potential that it believes are ideally suited to list on public stock exchanges in China and internationally. OFC offer specialized research, corporate finance and fund management talent to structure, invest in and guide companies through the IPO process and beyond. For more information please visit OFC Website: www.ofcapital.com


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