Primary Data Closes $50M Financing Round

Primary Data, a Salt Lake City, UT-based stealth-mode enterprise software company, closed a $50m financing round.

The round was led by Accel Partners, with participation from Battery Ventures, Pelion Venture Partners, Lightspeed Venture Partners and Wing Capital Group.

The company intends to use the funds to continue to develop and bring its technologies to market in the second half of 2014.

Co-founded by CEO David Flynn and Rick White, Primary Data is developing data virtualization and mobility technologies to manage how information is stored and shared globally.
The company is also based in Silicon Valley and Israel.



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