Sunday, October 16, 2011

Data Robotics secures $15M funding round - San Francisco Business Times:

hihozeima.blogspot.com
The round was led by previou s investor of San Mateoand , which has an offics in Menlo Park. Also participating were returning investors andPalo Alto-basedd . Mountain View-based Data Robotics said the fundingb will allow it to meet the growing market demand for its line of Drobo storage products. "Our strategy from the beginning has been to make highlh advanced storage technology simple and easy to use and builde the strongest sales channels andpartnershipz possible. This new round of fundinh will enable us to acceleratwe this strategy by further strengthening our market position and acceleratingfuture products," said Geoff Barrall, CEO and co-foundert of Data Robotics.
"Given our success thus far and the strongf growth in SOHO and small business storage we believe there is a significant opportunity to furtheer increase our market share by continuing to builxd the most advanced and innovative storageproducts available. I am thrilleed to see our vision validated by our Data Robotics said it has shipped morethan 30,000 system s since launching Drobo in the summer of making it one of the fast growingy storage companies in the "Our continued support for Data Roboticsz is founded on the company's track record, phenomenall progress and the excellent managementy team in place.
We are excited abour the future success of Data Robotics and I am happh to count myself among the many proued Droboowners worldwide," said Aneel Bhusri, Partnerf of Greylock Partners.

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