Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1069adc4-d5cc-4864-b234-570e8a358008
Date 8/21/2013
Company Name Maginatics
Mailing Address 888 Villa St Mountain View, CA 94041
Company Description Maginatics simplifies and modernizes enterprise storage with a software-only solution that brings the agility and economics of object storage (“cloud storage”) into the enterprise in a way that meets the most stringent security, scalability and data accessibility requirements.
Proceeds Purposes Maginatics will use the investment to scale sales, marketing and support to fuel growth in the US and internationally and increase the pace of adoption of the company’s flagship product, MagFS (Maginatics File System).