StorSimple Raises $13M in Series B Funding

Published On September 14, 2010 |
StorSimple, a Santa Clara, CA-based developer of a hybrid cloud storage appliance that integrates the cloud into enterprise applications without forcing users to put their enterprise applications into the cloud, has raised $13m in Series B funding round.
The investment, which brings the company’s total funding to $21m, was led by Mayfield Fund, with participation from new investor Ignition Partners and both existing backers Index Ventures and Redpoint Ventures.
The capital infusion will enable the company to expand sales, support and product operations while optimizing its hybrid cloud storage for Microsoft SharePoint, Exchange 2010, File Services, and Virtual Machine environments.
In conjunction with the funding, StorSimple announced that it has appointed Ian Howells as chief marketing officer. Mr. Howells, who brings 25 years of experience at leading companies such as Ingres, Documentum, SeeBeyond and Alfresco, will be responsible for the company’s marketing strategy and operational activities globally.
FinSMEs
14/09/2010

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