Cirtas Systems Obtains $22,500,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15ea13fa-b0a0-4a03-b96c-52e7df35bb8f&Preview=1 -
Date
1/25/2011 -
Company Name
Cirtas Systems -
Mailing Address
75 E. Santa Clara St. San Jose, CA 95113 -
Company Description
Cirtas Bluejet is the world’s first cloud-enabled storage system. With Bluejet, data is seamlessly and transparently archived to the cloud, providing relief from relentless data growth and out of control storage costs. -
Website
http://www.cirtas.com -
Transaction Type
Venture Equity -
Transaction Amount
$22,500,000 -
Transaction Round
Series B -
Proceeds Purposes
Cirtas, which has raised a total of $32.5 million in funding to date, plans to devote the new capital to support the increasing market demand for its Bluejet Cloud Storage Controller technology. -
M&A Terms
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Venture Investor
Shasta Ventures -
Venture Investor
Bessemer Venture Partners -
Venture Investor
New Enterprise Associates -
Venture Investor
Lightspeed Venture Partners
