Lehman Leads Round for ExaGrid
Summary
ExaGrid raised $20 million in a Series C round led by Lehman Brothers Venture Partners, with Sigma Partners and Highland Capital Partners also participating. The company develops disk storage technology for data backup and recovery. ExaGrid had already raised $65 million in total at the time of the article. The new capital was intended to help the company reach profitability.
Funding
Amount
$20.0M
Total raised
Date
November 9, 2007
Announcement date
Investors
Sigma Partners
Lead investors
Company
exagrid.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Backup Storage Software
Data Protection
Disaster Recovery
Linked Companies
ExaGrid Systems Inc.
$10M to $25M