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Feb
14th

Nexenta Systems Sales up 400 Percent in 2011

Posted by Sierra Ventures / Categories: Nexenta, Portfolio Companies / No Comments

Nexenta(R) Systems, the world leader in OpenStorage solutions, today announced it finished the 2011 fiscal year with record results. Nexenta announced that sales were up by 400 percent from 2010, it added a slate of seasoned executives to its management ranks and bolstered its more than 4,000-member customer list with some widely known names.

Jan
24th

Nexenta Raises $21 Million in Series C Funding

Posted by Sierra Ventures / Categories: Nexenta, Portfolio Companies / No Comments

Nexenta(R) Systems, the world leader in OpenStorage solutions, today announced it has secured more than $21 million in Series C financing, with Menlo Ventures as its new lead investor. Sierra Ventures and Razor’s Edge Ventures also participated in this round. They join current investors Javelin Venture Partners and TransLink Capital.