SimpliVity Receives $18,000,000 New Financing

  • Feed Type
  • Date
    8/20/2012
  • Company Name
    SimpliVity
  • Mailing Address
    8 Technology Drive Westborough, MA 01581
  • Company Description
    SimpliVity is an exciting high-tech startup, developing radically new IT infrastructure technology for the modern data center and the cloud. SimpliVity is led by a team of veterans with proven track records of building successful companies, introducing innovative products, and managing large divisions of multinational corporations.
  • Website
    http://www.simplivity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Simplivity also publicly announced the availability of its first offering, the OmniCube, which is connected to the virtual machine (VM) rather than the storage hardware.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    Charles River Ventures