Waltham, MA-based ActiFio, a data management software startup, has raised $16 million from undisclosed investors, according to a regulatory filing. Bob Hower, general partner at Advanced Technology Ventures, is listed on the form as a director, and the Boston Business Journal has confirmed that ATV is a new investor in the company. Earlier this year, ActiFio completed an $8 million Series A financing led by North Bridge Venture Partners and Greylock Partners. In July, the company’s founder and CEO, data storage veteran Ash Ashutosh, talked with me about Actifio’s strategy in “virtualizing” data backup, protection, and recovery across different computer systems, and about its dream of becoming the next Data Domain (which was sold to EMC for $2.1 billion last year).
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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