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StorSimple Keeps Third Venture Capital Investment

Friday, June 24, 2011 5:54:00 AM PDT | VentureDeal Staff

   Santa Clara, California  --  Storage technology company StorSimple has raised $10.5 million for its series C round of venture capital financing.

StorSimple has created technologies that assist enterprises in integrating cloud storage services into their existing storage workflow.

Ignition Partners led the round, which also included Mayfield Fund, Redpoint Ventures and Index Ventures.

The company said it would use the financing to fund its growth initiatives in the US and internationally.

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