Pivot3 Lands $12M More

Austin-based Pivot3, the developer of converged server, storage, and networking hardware, said this morning that it has raised $12M more in a funding round. The funding was led by S3 Ventures, and also included InterWest Partners and Mesirow Financial. According to the company, the funding goes towards additional product development and growth. Pivot3 also appointed Mike Dansby as its CFO as part of the funding; Dansby joins the company from Digby, where he also was CFO. Dansby also has served at MPC Computers,, Pavilion Technologies, CovaSoft and Question Technologies. Pivot3 has now raised somewhere north of $100M in funding. More information »