Actifio, a stealthy Waltham, MA, startup developing data management virtualization technology, told VentureWire that it completed its $8 million Series A round about six months ago. Xconomy reported last July that Actifio had secured the first $4 million of the first-round financing. The startup’s founder and CEO is storage veteran Ash Ashutosh, a former chief technologist in the storage division of Hewlett-Packard, who could not be reached for comment this morning. Its lead backers are Greylock Partners and North Bridge Venture Partners, according to VentureWire.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
View all posts by Ryan McBride
