Actifio Closes $16M in Second Round of Venture Financing
Actifio, a Waltham, MA-based provider of Data Management Virtualization (DMV) solutions, has closed $16m in its second round of venture financing,
This brings the total amount raised by the company to date to $24m. Last July, Actifio closed an $8m series A funding round.
The company will use the new capital to expand sales and marketing in order to grow market share of its software suite comprised of Actifio™ DP, for data protection, Actifio™ DR, for disaster recovery and Actifio™ BC, for business continuity.