Data Robotics Receives $10,000,000 Series E Financing Round

  • Feed Type
  • Date
    10/29/2009
  • Company Name
    Data Robotics
  • Mailing Address
    1705 Wyatt Drive Santa Clara, CA 95054-1524
  • Company Description
    Data Robotics – the makers of Drobo, the World’s First Storage Robot – develops automated data storage products designed to ensure data is always protected and easy-to-manage. Drobo is infinitely expandable and provides RAID-like reliability. Unlike other storage arrays, however, Drobo uses patent pending software that is designed for non-technical users who demand reliability without the hassle of RAID. Key Features of Drobo includes some of the most advanced automated features available – including self-monitoring, self-healing and an easy-to-understand visual status and alert panel.
  • Website
    http://www.drobo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The company said the new funding round would go to accelerate its R&D programs, as well as to expand sales and marketing.
  • M&A Terms
  • Venture Investor
    Focus Ventures
  • Venture Investor
    Greylock Partners
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Sutter Hill Ventures