Data management firm Actifio takes USD33.5m

Tue Dec 6 2011, 12:18 PM

Data management startup, Actifio, has raised USD33.5m in a Series C funding round led by Andreessen Horowitz. Existing backers North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures also participated in the investment, which Actifio says it will use to continue to scale its business. Andreessen partner, Peter Levine, will assume a position on the startups board as part of the investment. The round takes Actifio’s total investment to USD57.5m.

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