Pivot3 Lands $23,000,000 New Round

  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Pivot3
  • Mailing Address
    816 Congress Avenue Austin, TX 78701
  • Company Description
    Pivot3 Transforms How Customers Invest in Storage. The founding team, developers and marketers of early custom RAID controllers with credit for over 50 storage patents, shared a vision for a storage virtualization architecture that required no specialized hardware and removed the capacity and performance boundaries imposed by traditional RAID products.
  • Website
    http://www.pivot3.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $23,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used for expansion of its product development, sales and marketing activities.
  • M&A Terms
  • Venture Investor
    Samsung Ventures
  • Venture Investor
    Focus Ventures
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Mesirow Financial
  • Venture Investor
    Northleaf Capital
  • Venture Investor
    Silver Creek Ventures