Tag: hyper-converged infrastructure
Pivot3 to Acquire NexGen Storage
February 10, 2016Martha Entwistle
AUSTIN, Texas—Hyper-converged infrastructure (HCI) provider Pivot3 on Jan. 27 announced it will acquire NexGen Storage, a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities."The addition of NexGen's technology suite broadens Pivot3's hyper-converged offerings, allowing customers to apply the right infrastructure and priority to each data center workload, application or service, including surveillance systems, according to their business...
Pivot3 gets $45 million
February 25, 2015Martha Entwistle
AUSTIN, Texas—Video analytics is an area of interest for video surveillance storage provider Pivot3, which received a $45 million equity and bank financing on Feb. 24.Most of the funding will be used for "market facing areas" to "drive the business and get it to profitability," Pivot3 CEO Ron Nash told Security Systems News. But, Pivot3 is also interested in video analytics. While major video analytics companies such as Object Video have been purchased, and other analytic companies have gone...
Pivot3 closes $12 million round
August 13, 2014Martha Entwistle
AUSTIN, Texas—Storage provider Pivot3 on August 7 closed a $12 million funding round which will be used for “product development, sales and marketing," Pivot3 CEO Ron Nash told Security Systems News.
The round was led by S3 Ventures, a new investor in the company. S3 Ventures managing director Brian R. Smith has joined the Pivot3 board. Also participating in the round were InterWest Partners and Mesirow Financial.
Pivot3 also hired Mike Dansby as VP and CFO.
Since Nash took over...