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ActiFio Secures Third Venture Capital Investment

Tuesday, December 06, 2011 5:37:00 AM PDT | VentureDeal Staff

Weston, Massachusetts  --  Storage technology company ActiFio has landed $33.5 million in series C funding, according to a company announcement.

ActiFio has developed what it calls a "radically simple approach" via its PAS platform that is optimized for managing copies of production data.





Andreessen Horowitz led the round, which included North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures.

The company said it would use the funds to expand its operations globally.

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