Pivot3 Receives $14,000,000 New Financing Round

  • Feed Type
  • Date
    10/25/2013
  • Company Name
    Pivot3
  • Mailing Address
    816 Congress Avenue Austin, TX 78701
  • Company Description
    Pivot3 Transforms How Customers Invest in Storage. The founding team, developers and marketers of early custom RAID controllers with credit for over 50 storage patents, shared a vision for a storage virtualization architecture that required no specialized hardware and removed the capacity and performance boundaries imposed by traditional RAID products.
  • Website
    http://www.pivot3.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This latest round of financial backing puts Pivot3 in a stronger position to actively pursue opportunities in our target markets that support long-term revenue and earnings growth.
  • M&A Terms
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Mesirow Financial
  • Venture Investor
    Focus Ventures
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Silver Creek Ventures
  • Venture Investor
    Northleaf Capital
  • Venture Investor
    WS Investment
  • Venture Investor
    Comerica Bank

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