BlueArc Raises $20M

BlueArc Corporation, a San Jose, CA-based provider of high-performance unified network storage solutions, has closed $20m of new funding.
The round was led by Investor Growth Capital (IGC), the wholly owned venture capital arm of Stockholm-based Investor AB, and other 16 existing investors.
This round of funding will enable the company to further ramp development and increase strategic investment in all areas, including engineering and customer facing sales and marketing.

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