Pivot3 Garners $25,000,000 New Funding Round

  • Feed Type
  • Date
    3/2/2010
  • 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
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The sizable investment will be used to expand sales operations beyond the Americas, as well as to develop and promote innovations that open up new markets for the award-winning Pivot3 Serverless Computing™ platform.
  • M&A Terms
  • Venture Investor
    Focus Ventures
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Mesirow Financial
  • Venture Investor
    Silver Creek Ventures

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