BlueArc Corporation Obtains $20,000,000 New Funding

  • Feed Type
  • Date
    7/28/2010
  • Company Name
    BlueArc Corporation
  • Mailing Address
    50 Rio Robles Dr. San Jose, CA 95134
  • Company Description
    BlueArc Corporation changes the economics of network storage by helping customers manage more information with less effort. BlueArc’s Titan storage systems enable organizations to maximize performance and reduce operating costs through the movement of software functions into programmable hardware.
  • Website
    http://www.bluearc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This funding will help us to further ramp development and allow us to increase headcount and strategic investment in all areas, including engineering and customer facing sales and marketing.
  • M&A Terms
  • Venture Investor
    Investor Growth Capital
  • Venture Investor
    Meritech Capital Partners
  • Venture Investor
    Morgenthaler Ventures
  • Venture Investor
    Crosslink Capital
  • Venture Investor
    Undisclosed

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