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October 30, 2012

Natick IT Firm Lands $20M In Venture Funding

Natick-based data storage provider Nasuni has secured $20 million in venture funding from a new investor to help expand the company’s sales and marketing efforts and to pursue more innovation in the storage-as-a-service market, the company announced today.

The name of the new investor in this Series C round was not disclosed. However, previous investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners contributed in the financing.

Nasuni provides consolidated storage-as-a-service for distributed organizations. Consolidated storage combines primary storage with built-in backup, replication, and offsite protection using an on-site appliance connected to the cloud.

“We're thrilled that we were able to add such a respected and complementary new investor to our team, further validating our belief that consolidated storage-as-a-service is the solution that enterprise organizations are looking for,” said Andres Rodriguez, CEO of Nasuni.

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