Pivot3 Secures $4,000,000 Series D Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6d244b5-b8c7-42b9-b097-824fd0cebd91&Preview=1 - Date
4/20/2010 - 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
$4,000,000 - Transaction Round
Series D - Proceeds Purposes
Pivot3’s solid customer references and strong customer pipeline were instrumental to our decision process, and we are looking forward to the company’s expansion in other markets and others parts of the world, including Canada. - M&A Terms
- Venture Investor
