Pivot3 Announces $55 Million Financing Round
On March 15, 2016, Pivot3, a pioneer and innovator in the development of storage-centric hyper-converged infrastructure (HCI) solutions, announced that it has closed a $55 million equity and bank financing round, with participation from Argonaut Private Equity and S3 Ventures. Wilson Sonsini Goodrich & Rosati represented Pivot3 in the transaction.
According to a Pivot3 press release, the new financing will allow the company to deliver a new set of solutions to uniquely address the critical challenges of organizations as they move to the software-defined data center of the future.
For more information, please see Pivot3's press release.