Tuesday, April 20, 2010

Pivot3 Ups Funding By $4M

Spring, Texas-based Pivot3, a developer of virtual server and storage products, said today that it has received $4M in an investment, bringing its total Series D funding round to $29M. Pivot3 said the new investment came from Northleaf Capital Partners Ltd, the private equity arm of TD Bank Financial Group. The firm's Series D previously stood at $25M, and included investors Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures. Pivot3 had announced its Series D in February. More information »