Overland Storage Receives $22,227,071 New Funding

  • Feed Type
  • Date
    3/30/2011
  • Company Name
    Overland Storage
  • Mailing Address
    4820 Overland Avenue San Diego, CA 92123
  • Company Description
    Overland Storage is a market leader and innovative provider of smart, affordable data protection appliances that help midrange and distributed enterprises ensure business-critical data is constantly protected, readily available and always there. Overland’s award-winning products include NEO SERIES?and ARCvault?tape libraries, REO SERIES?disk-based appliances with Virtual Tape Library (VTL) capabilities, ULTAMUS?RAID SAN-based appliances and Snap Server NAS-based appliances. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers.
  • Website
    http://www.overlandstorage.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,227,071
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Amounts may include options, warrants or other rights to acquire other securities. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed