SimpliVity Receives $18,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=984b50a4-11f0-4050-a32c-2e8e1fea7eeb&Preview=1 -
Date
8/20/2012 -
Company Name
SimpliVity -
Mailing Address
8 Technology Drive Westborough, MA 01581 -
Company Description
SimpliVity is an exciting high-tech startup, developing radically new IT infrastructure technology for the modern data center and the cloud. SimpliVity is led by a team of veterans with proven track records of building successful companies, introducing innovative products, and managing large divisions of multinational corporations. -
Website
http://www.simplivity.com -
Transaction Type
Venture Equity -
Transaction Amount
$18,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Simplivity also publicly announced the availability of its first offering, the OmniCube, which is connected to the virtual machine (VM) rather than the storage hardware. -
M&A Terms
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Venture Investor
Accel Partners -
Venture Investor
Charles River Ventures
