Actifio Finishes $8M Round

7/20/10

Actifio, a stealthy Waltham, MA, startup developing data management virtualization technology, told VentureWire that it completed its $8 million Series A round about six months ago. Xconomy reported last July that Actifio had secured the first $4 million of the first-round financing. The startup’s founder and CEO is storage veteran Ash Ashutosh, a former chief technologist in the storage division of Hewlett-Packard, who could not be reached for comment this morning. Its lead backers are Greylock Partners and North Bridge Venture Partners, according to VentureWire.

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