VF Tidbits: Actifio Raises Additional $50 Million to Advance Leadership in $44 Billion Copy Data Storage Market
Wednesday Mar 6, 2013 by Keith Cline - Founder, VentureFizz
VentureFizz Tidbits... news you can use:
Actifio™, the radically simple copy data storage company, today announced it has closed a $50 million investment round led by Technology Crossover Ventures (TCV), with participation from existing investors Andreessen Horowitz, ATV, Greylock Israel, and North Bridge Venture Partners, targeted towards further accelerating Actifio’s record bookings growth. With this new investment, the company will focus on accelerating long-term sustainable growth, investing in their global go-to-market model to address the $44B copy data storage market* opportunity and reshape how data is managed by the enterprise.
The investment follows a remarkable FY2012, during which the company
attained critical mass with 700 percent year-over-year growth, becoming
the fastest growing enterprise storage company from inception ever.
Other noteworthy recent company achievements include...READ MORE
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