Change: offered +25% / raised +25% / placed 100%
Pivot3 develops and markets server and storage virtualization software and hardware. The company is backed by Samsung Venture Investment, Mesirow Financial,Northleaf Capital Partners, Silver Creek Ventures, Focus Ventures, InterWest Partners and Lightspeed Venture Partners.
The company is headquartered in Austin TX. Pivot3 elected to keep its revenues undisclosed.
The executive team includes H Ronald Nash, Michael P Dansby and William C Galloway.
The board of directors includes Alan J Higginson, Brian R Smith, Daniel P Howell, Donna Troy, Khaled Nasr and Marc Zionts.
The company has raised an estimated total of $119.51 million via private unregistered security offerings.
Industry: Other Technology
Amount offered: $10.08 million
Amount placed: $10.08 million
First sale: 08-04-2014
Data as of: 10-23-2014