Data Robotics Raises $10 Million For SMB Storage

Thursday, October 29th, 2009

Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Data Robotics, a company that creates automated data storage products, has raised $10 million in Series E funding led by Focus Ventures with Greylock Partners, New Enterprise Associates, RRE Ventures and Sutter Hill Ventures participating. Data Robotics previously raised $15 million in Series D funding from Greylock Partners, New Enterprise Associates, RRE Ventures and Sutter Hill Ventures.

The company’ Geoff Barrall says the new funding will be used to produce more inventory and will fuel additional sales and marketing efforts. Data Robotics, which launched in 2006, produces Drobo, a series of self-managing storage products. Drobo products are scalable and designed to meet the data storage needs of small to medium-sized businesses and includes Data Robotics’ BeyondRAID storage technology. Barrall says that the company is seeing strong growth in the enterprise space, with yearly revenue of around $30 million.

Sponsored Ads

blog comments powered by Disqus

Sponsored Ads

Sponsored Ads