StorSimple Scores $10.5M Led by Ignition
Santa Clara, CA-based StorSimple announced it has closed a $10.5 million Series C financing round led by Ignition Partners, based in the Seattle area. The company’s other previous investors, including Index Ventures, Mayfield Fund, and Redpoint Ventures, also participated in the round. StorSimple, which has raised a total of $31.5 million to date, focuses on cloud-based data storage software for big companies using Microsoft Windows and VMware systems. The startup began in 2009 and is led by co-founder and CEO Ursheet Parikh, a veteran of Cisco.