Pivot3 Obtains $55,000,000 New Round

  • Feed Type
  • Date
    3/9/2016
  • Company Name
    Pivot3
  • Mailing Address
    221 West 6th Street Austin, TX 78701 USA
  • Company Description
    The result was our patented vSTAC OS (Virtual Storage and Compute), which dramatically increases scale-out performance while driving down complexity and costs. Over the last decade, we have built relationships with 2,000 forward-thinking customers who rely on our enterprise-class solutions to replace the one-size-fits-all legacy architectures that drain resources and constrain the IT innovation that drives business outcomes.
  • Website
    http://www.pivot3.com
  • Transaction Type
    Venture Equity, Debt
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will accelerate the company’s growth and enable it to bring to market the most extensive suite of hyper-converged and flash storage solutions with predictable performance that is available today.
  • M&A Terms
  • Venture Investor
    Argonaut Private Equity
  • Venture Investor
    S3 Ventures
  • Venture Investor
    Square 1 Bank

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