Nasuni Secures $10M Additional Series C Funding

Nasuni has received an additional $10 million in Series C funding for its solutions that pairs on-premise hardware with cloud storage.

CJ Arlotta, Associate Editor

August 14, 2014

1 Min Read
Nasuni CEO Andres Rodriguez says new funds will be used to expand outreach and increase market adoption
Nasuni CEO Andres Rodriguez says new funds will be used to expand outreach and increase market adoption.

Nasuni’s vision of pairing on-premise hardware with cloud storage has gained more support from investors. The Natick, Massachusetts-based storage services provider this week said it has raised an additional $10 million in Series C financing, bringing the round’s total to $30 million.

Previous investors Flybridge Capital PartnersNorth Bridge Venture Partners and Sigma Partners participated in this extension of Nasuni’s Series C funding round. A “strategic investor” also contributed funds.

Nasuni offers a unified storage solution that combines on-premise hardware with cloud storage to provide local performance for users and and centralized management for IT.

Nasuni CEO Andres Rodriguez said in a statement that his company is “consistently displacing the likes of EMC and NetApp in global accounts.

“We’re accomplishing this because The Nasuni Service liberates data from the limitations and high cost of traditional storage silos,” he said.

Rodriguez said the Nasuni will expand its outreach, and accelerate innovation and market adoption with the new funds.

This new financing brings Nasuni’s total funding to date to $53 million.

Follow CJ Arlotta on Twitter @cjarlotta and Google+ for further updates on the story above — or if you just want to say hello.

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About the Author(s)

CJ Arlotta

Associate Editor, Nine Lives Media, a division of Penton Media

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