Data Storage Startup Pivot3 Lands $25 Million

Leena Rao

Leena Rao is currently a Senior Editor 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

Monday, March 1st, 2010

Data storage company Pivot3 has raised $25 million in Series D funding led by Focus Ventures with existing investors InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures participating. This brings the startup’s total funding to over $75 million.

Pivot3′s storage solutions offer integrated server virtualization for data to enterprise customers. Its RAID-based solutions are generally used to store video surveillance data. The company has over 140 customers including Port of Seattle, the Mall of America, and the City of Trenton. The investment will be used to expand sales operations internationally and for product development.

Company: Pivot3
Website: pivot3.com
Launch Date: 2003
Funding: $100M

Pivot3 was founded in 2003 on the idea that a revolutionary scale-out architecture would deliver large-scale, high-bandwidth storage using off-the-shelf hardware components combined with specialized software.

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