Cirtas Systems Obtains $22,500,000 Series B Funding Round

  • Feed Type
  • Date
    1/25/2011
  • Company Name
    Cirtas Systems
  • Mailing Address
    75 E. Santa Clara St. San Jose, CA 95113
  • Company Description
    Cirtas Bluejet is the world’s first cloud-enabled storage system. With Bluejet, data is seamlessly and transparently archived to the cloud, providing relief from relentless data growth and out of control storage costs.
  • Website
    http://www.cirtas.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Cirtas, which has raised a total of $32.5 million in funding to date, plans to devote the new capital to support the increasing market demand for its Bluejet Cloud Storage Controller technology.
  • M&A Terms
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Lightspeed Venture Partners