Pivot3 Gets $25M

Spring, Texas-based Pivot3, a developer of data storage products based on the iSCSI protocol, has raised $25M as part of an ongoing, $30M funding round, according to a regulatory filing by the firm Thursday. No details on the funding have been announced. Pivot3 has previously raised capital from Interwest Partners, Lightspeed Ventures, Mesirow Financial, and Silver Creek Technology Investors. More information »