Drobo, a Santa Clara, CA-based maker of storage arrays for businesses, professionals and consumers, completed an equity financing round led by Empire Capital Management.
In addition, the company has secured a $4M debt facility from East West Bank.
The company will use the funds to grow its market position and develop new products.
Led by CEO Mihir H. Shah, Drobo offers a product family of storage arrays to consumers, creative professionals, small business, education (K12 and universities), corporations and state, local and Federal governmental users.
FinSMEs
29/09/2015