Deal Announcements

PowerFile Powers Up With $10 Million Series C

Monday, July 30, 2007 5:00:00 AM PDT | VentureDeal Staff

SANTA CLARA, CA  -- IT company PowerFile, Inc. has received $10 million in third round venture capital financing, according to a report in PE Week Wire.

PowerFile has developed "active archiving" appliances that enable permanent storage of digital content and assets.  The company's solutions combine software and hardware and are targeted at organizations of all sizes.

Investors in the round were Northgate Capital, Sequoia Capital and Silver Creek Ventures.  Proceeds purposes were not disclosed.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1