Deal Announcements

DataCore Connects With $30 Million Venture Capital

Tuesday, April 29, 2008 6:12:00 AM PDT | VentureDeal Staff

FORT LAUDERDALE, FL -- Software company DataCore Software Corporation announced that it has secured $30 million in a new venture capital funding round.

DataCore provides storage virtualization SAN software, which it claims lowers the cost and complexity of IT data storage functions.

Insight Venture Partners and Update Partners made the investment, which will be used for company sales and marketing expansion.

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