Funding far exceeds technology sector venture capital funding averages
CHICAGO, October 27, 2010-- Cleversafe Inc., the leader in resilient storage solutions ideally suited for storage clouds, today announced it has received $31.4 million in an extension of its series C funding from new and existing investors including Motorola Ventures, New Enterprise Associates (NEA), OCA Ventures, and clients of Anderson & Strudwick, Inc. As compared to industry averages in the recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report, this level of investment far exceeds technology sector averages for Q3, reinforcing the market interest in the Cleversafe platform.
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