Nexenta Systems Lands $21,000,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9bd9152c-2e06-45a3-a7a8-f807e5d37541&Preview=1
Date
1/18/2012
Company Name
Nexenta Systems
Mailing Address
444 Castro Mountain View, CA 94041
Company Description
NexentaStor provides enterprise class unified storage capabilities via a software solution that ends vendor lock-in while delivering superior storage management functionality with a particular focus on virtualized environments.
Website
http://www.nexenta.com
Transaction Type
Venture Equity
Transaction Amount
$21,000,000
Transaction Round
Series C
Proceeds Purposes
This round of funding will be used to sustain the company’s growth, pace of innovation and global expansion to meet the rapid demand for the company’s solutions.
M&A Terms
Venture Investor
Menlo Ventures
Venture Investor
Sierra Ventures
Venture Investor
Razor’s Edge Ventures