$16 Million More for Exagrid

[Corrected 12/15/09, see below] Exagrid, a provider of disk-based backup storage equipment and deduplication software in Westborough, MA, has raised an additional $16 million in equity-based financing, according to regulatory documents filed December 14. This venture round, the company’s fifth, follows a $20 million Series C round in November 2007 and a $12 million Series D round in December 2008 and brings the company’s total venture pot to $93 million [not $103 million as this story previously stated–Eds.]. Exagrid’s previous investors include Highland Capital Partners, Sigma Partners, and Tenaya Capital (formerly Lehman Brothers Venture Partners). Jose Suarez of Investor Growth Capital, the venture arm of Swedish holding company Investor AB, is also on the company’s board.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/