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Article: United States : Data Robotics Raises $10 Million in Funding Round.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Data Robotics, Inc., the company that is changing the way the world stores digital content, today announced that it has closed $10 million in Series E financing. The recent round of funding was led by Focus Ventures, a firm specializing in expansion stage venture capital, with participation from existing investors Greylock Partners, New Enterprise Associates (NEA), RRE Ventures, and Sutter Hill Ventures. Data Robotics will use this investment to accelerate research and development programs and expand global sales and marketing initiatives.
Data Robotics has experienced double-digit growth in every quarter of 2009 and recently announced ...