DataCore Software Corporation, the leading vendor of hardware independent, storage virtualization software, received a $30 million equity investment from Insight Venture Partners and Updata Partners. "DataCore has gained global customer traction with superior storage virtualization and storage management solutions," said Barry Goldsmith, General Partner, Updata Partners. "We are pleased to invest in a company that has already had significant impact in its market and is well-positioned for high growth." Small to medium enterprises, Global 2000 data centers and storage subsystems OEMs rely on DataCore's comprehensive product family to easily expand capacity, protect and enhance access to data, and centralize and automate storage administration for Windows, UNIX, Linux, MacOS, VMware, and NetWare systems. "When Insight and Updata approached us, it was clear that they already understood that DataCore has become the storage virtualization and SAN management solution of choice in the server and desktop virtualization space," said Ziya Aral, Chairman and CTO, DataCore Software. "We are glad to have these two excellent firms as part of the team." |
