Pivot3, Inc., a Spring, TX-based provider of IP storage area network (SAN) solutions to the video surveillance market, raised an additional $4m in its Series D funding round previously announced at $25m.
This additional capital was provided by Northleaf Capital Partners, the Canada’s largest independent global private markets manager and advisor.
Northleaf joins existing Pivot3 investors Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures.
Commenting on the funding, Melissa McJannet, managing director of Northleaf, was quoted as saying: “Pivot3’s solid customer references and strong customer pipeline were instrumental to our decision process, and we are looking forward to the company’s expansion in other markets and others parts of the world, including Canada”.
FinSMEs
20/04/2010