Pivot3 Raises More Than $14M
Pivot3, an Austin, Texas-based supplier of video surveillance and virtual desktop (VDI) converged infrastructure storage appliances, raised more than $14m in equity and debt financing.
The equity funding round was led by InterWest Partners and Mesirow Financial Capital Partners, with participation from Focus Ventures, Lightspeed Partners, Silver Creek Ventures, Northleaf Ventures and Wilson Sonsini.
Comerica Bank provided debt financing.
Founded in 2003 and led by Bill Galloway, Chief Executive Officer, Pivot3 developed virtualized storage appliances for the surveillance market.
Its most recent addition was the Pivot3 vSTAC® Edge appliance for distributed environments. The company partners with Dell OEM Solutions for manufacturing, global service and support to bring its product to market.
Pivot3 has more than 600 customers in industries ranging from corrections and education to government, healthcare and retail.