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.

The WSGR team that represented Pivot3 in the transaction included partners Rob Suffoletta and Charlotte Kim and associates Aaron Barker and JD Peters.

For more information, please see Pivot3's press release.