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Nexenta Nabs $24M in Over-Subscribed Series D
February 28, 2013
Share:
Nexenta Systems
, a provider of open source software-defined storage solutions, has raised $24 million in Series D financing. The over-subscribed round was led by new investor
Four Rivers Group
, with participation from previous investors
Menlo Ventures
,
TransLink Capital
,
Javelin Ventures
,
Sierra Ventures
,
Razor's Edge Ventures
and West Summit Capital, as well as new investors
Presidio Ventures
and
UMC Capital
. Concurrent with the deal comes the appointment of
Mark Lockareff
as CEO and
Bridget Warwick
as chief marketing officer. The company’s former CEO,
Evan Powell
, will assume the role of chief strategy officer.
Nexenta Systems
Database Software
SaaS
Santa Clara, CA
$24 million
Series D
VIEW DETAILS
Investors
Four Rivers Group
(lead)
Javelin Venture Partners
Menlo Ventures
Presidio Ventures
Razor's Edge Ventures
Sierra Ventures
TransLink Capital
UMC Capital
West Summit Capital
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