Data Robotics Raises $10 Million For SMB Storage

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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.

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