Drobo Completes Equity and Debt Funding Round

Drobo-logoDrobo, a Santa Clara, CA-based maker of storage arrays for businesses, professionals and consumers, completed an equity financing round led by Empire Capital Management.

In addition, the company has secured a $4M debt facility from East West Bank.

The company will use the funds to grow its market position and develop new products.

Led by CEO Mihir H. Shah, Drobo offers a product family of storage arrays to consumers, creative professionals, small business, education (K12 and universities), corporations and state, local and Federal governmental users.



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