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Pivot3 closes $12 million round

August 13, 2014Martha Entwistle

AUSTIN, Texas—Storage provider Pivot3 on August 7 closed a $12 million funding round which will be used for “product development, sales and marketing," Pivot3 CEO Ron Nash told Security Systems News. The round was led by S3 Ventures, a new investor in the company. S3 Ventures managing director Brian R. Smith has joined the Pivot3 board. Also participating in the round were InterWest Partners and Mesirow Financial. Pivot3 also hired Mike Dansby as VP and CFO. Since Nash took over...

Financing, hyper-converged infrastructure, Pivot3, Ron Nash, Security Systems News (SSN), virtual storage

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