PowerFile Secures New Financing Round

  • Feed Type
  • Date
    9/30/2009
  • Company Name
    PowerFile
  • Mailing Address
    1165 Triton Drive Foster City, CA 94404
  • Company Description
    PowerFile, Inc. is the innovator in active archiving appliances for permanent storage of digital content and assets. The company’s award-winning storage solutions combine the speed and simplicity of online access with better economics and integrity compared to traditional archives, empowering organizations of all sizes to efficiently manage, secure, and preserve valuable digital assets. PowerFile’s product offerings combine intelligent storage management software and sophisticated file management with cost-effective, robust hardware to deliver integrated, active, easy-to-use archive solutions.
  • Website
    http://www.powerfile.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Silver Creek Ventures