Pivot3 Garners $45,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea6fa964-32ff-4b4a-a008-2533b8bca105 - Date
2/24/2015 - Company Name
Pivot3 - Mailing Address
816 Congress Avenue Austin, TX 78701 USA - 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
Debt - Transaction Amount
$45,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The new funding is aimed at accelerating Pivot3’s growth and extends the company’s technological competitive advantage. - M&A Terms
- Venture Investor
- Venture Investor
