Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3643583-ceb3-4c20-83f5-0d001eb9dae2
Date 11/18/2013
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.
Proceeds Purposes SimpliVity will use the C-Round capital to support the continued hypergrowth of the company. Specifically, the company plans to significantly bolster the engineering team, allowing it to continue to deliver the features and functionality requested by existing and new customers. Additionally, SimpliVity will expand its service and support organization, and its field team in order to manage the continued worldwide adoption of the technology.