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February 8, 2012 11:37 pm GMT
Texas-based data storage company Pivot3 has raised $23 million in new funding led by Samsung Ventures, with all existing Pivot3 investors participating including Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial, Northleaf Capital Partners and Silver Creek Ventures. This brings Pivot3's total funding to nearly $100 million.Pivot3's storage hardware appliances offer integrated server virtualization for data to enterprise customers. Its RAID-based solutions are generally used to store video surveillance data. The company has over 140 customers including Port of Seattle, the Mall of America, and the City of Trenton.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wgOXUBSUFrI/
Samsung Leads $23M Round In Data Storage Hardware Company Pivot3
Texas-based data storage company Pivot3 has raised $23 million in new funding led by Samsung Ventures, with all existing Pivot3 investors participating including Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial, Northleaf Capital Partners and Silver Creek Ventures. This brings Pivot3's total funding to nearly $100 million.Pivot3's storage hardware appliances offer integrated server virtualization for data to enterprise customers. Its RAID-based solutions are generally used to store video surveillance data. The company has over 140 customers including Port of Seattle, the Mall of America, and the City of Trenton. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wgOXUBSUFrI/
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