Pivot3 Lands $23,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd3d0ac6-bfed-4c57-89dd-a3cae27a0fdb&Preview=1 - Date
2/8/2012 - 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
$23,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The funding will be used for expansion of its product development, sales and marketing activities. - M&A Terms
- Venture Investor
Samsung Ventures - Venture Investor
Focus Ventures - Venture Investor
InterWest Partners - Venture Investor
Lightspeed Venture Partners - Venture Investor
Mesirow Financial - Venture Investor
Northleaf Capital - Venture Investor
Silver Creek Ventures
