Tag: InterWest Partners
Ron Nash named CEO of Pivot3
November 6, 2013Martha Entwistle
AUSTIN, Texas—Ron Nash is the new CEO of storage provider Pivot3. An investor and board member in Pivot3 since 2005, Nash's business pedigree includes serving as SVP of Perot Systems in the 1990s, when the company grew from a $100 million company to a $1.2 billion company before being acquired by Dell in 2009. Asked what change his appointment signals at Pivot3, Nash told Security Systems News: “The only change you'll see is acceleration. We want to accelerate and be more aggressive...
Pivot3 gets $14m infusion
October 30, 2013Martha Entwistle
AUSTIN, Texas—Pivot3's new $14 million credit facility will propel the storage provider's move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.The funds will “drive the channel partnerships” for those bigger deals, Thierry said, which in turn will create “sustained profitability [for the company], which is what we're really after.”Pivot3, which makes converged storage and compute...
Pivot3 gets $23m, new investor
February 8, 2012Martha Entwistle
AUSTIN, Texas—Pivot3 on Feb. 8 closed on a $23 million round of new equity funding, which brings total investment in the unified storage and compute company to $100 million since the company was founded in 2003.The round was led by a new investor, Samsung Ventures, and included all existing investors: Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial, Northleaf Capital Partners and Silver Creek Ventures.Lee Caswell of Pivot3 said this round of funding shows...