TwinStrata Snags $5.7M

TwinStrata, a Natick, MA-based provider of cloud data storage for businesses, has pinned down $5.7 million of an equity offering that could hit $8.7 million, an SEC filing shows. The funding came from 27 investors, according to the document, which lists Braden Bohrmann and Rich Levandov of Avalon Ventures as TwinStrata directors. Levandov will be participating in an Xconomy chat this September on cloud and consumer trends in Internet startups and innovation.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.