Tech Company Financing Transactions
Pivot3 Funding Round
Pivot3, based in Austin, secured $25 million from Focus Ventures, InterWest Partners and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
3/2/2010
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Focus Ventures (Lead Investor) (James Boettcher)
Proceeds Purpose
The sizable investment will be used to expand sales operations beyond the Americas, as well as to develop and promote innovations that open up new markets for the award-winning Pivot3 Serverless Computing� platform.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
221 West 6th St. 750
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
The result was our patented vSTAC OS (Virtual Storage and Compute), which dramatically increases scale-out performance while driving down complexity and costs.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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