Advancing Towards an IPO, Nimble Storage Nabs $40.7M
September 11, 2012
Share:
Flash-optimized storage provider Nimble Storage has taken in $40.7 million in an over-subscribed mezzanine funding round led by existing investors Sequoia Capital and Accel Partners. Additional existing Nimble investors Lightspeed Venture Partners and Artis Capital Management also participated in the round, along with new investor GGV Capital. The new funding will help Nimble grow across the board, with an emphasis on sales, engineering and international market development as the company preps for an IPO. To date, Nimble Storage has raised over $98 million in total venture backing.
