DataGravity Raises $30M in Series B Financing

Published On January 29, 2013 |

DataGravity, a Nashua, N.H.-based early-stage company which aims to turn data into information, raised $30m in Series B financing.

The round was led by Andreessen Horowitz, with participation from existing investors Charles River Ventures and General Catalyst Partners.┬áIn conjunction with the funding, Peter Levine, partner at Andreessen Horowitz, will join DataGravity’s board of directors.

The company intends to use the capital to advance product development and to scale marketing and sales efforts.

Co-founded by Paula Long, CEO, and John Joseph, President, DataGravity aims to turn data into information by developing products that will remove the need for complex software packages and help IT managers and administrators extract value and information from stored data.

The company is currently hiring (read here).

FinSMEs

29/01/2013

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