Wednesday, August 1, 2018

Pivot3 Claims 70 Percent Y2Y Growth In Q2

Austin-based Pivot3, which develops converged infrastructure products for the data center market, said it saw 70 percent growth between Q2 of 2017 and 2018. Financial details of that growth were not released by Pivot3, which is privately held. According to the company, the growth was driven by Internet of Things and hybrid cloud platform efforts. Pivot3 is led by CEO Ron Nash. Pivot3 said in February that it saw 65 percent sales growth in 2017. The company is backed by Argonaut Private Equity and S3 Ventures.