Tech Company Financing Transactions
Pivot3 Funding Round
Pivot3, based in Austin, scored $24 million from Mesirow Financial, InterWest Partners and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
1/28/2008
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series C
Investors
Mesirow Financial (Lead Investor) (Daniel Howell)
InterWest Partners (Ron Nash)
Proceeds Purpose
Robert Fernander, CEO of Pivot3 said, "These new funds will be used to accelerate the Pivot3 lead in surveillance and to position our block-level virtualization technology into new markets.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ronald Nash
Chief Financial Officer
William Stover
Chief Marketing Officer
Bruce Milne
Chief Technical Officer
William Galloway
VP - Bus. Development
John Spiers
VP - Engineering
Carlo Garbagnati
VP - Sales
Curt Wittich
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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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