Pivot3 Raises $23 Million in Funding

Pivot3, the leading provider of unified storage and compute appliances, announced the closing of a $23 million round of new equity financing, which will principally be used to fund expansion of its product development, sales and marketing activities. Pivot3 has been widely recognized for innovation in converged scale-out IT infrastructure since its founding in 2003, and has deployed solutions for more than 500 customers worldwide. Read more