Cloud Storage Company Nirvanix Raises $10 Million, Appoints New CEO

Wednesday, 10 November 2010 13:24

Cloud Storage Company Nirvanix Raises $10 Million, Appoints New CEO

E-mail

Rate this item

(0 votes)

Enterprise cloud storage provider Nirvanix is adding more money to its coffers and putting an experienced executive at the steering wheel. The company has secured an additional $10M, bringing its total of capital raised to $45 million. The capital infusion comes from primary investors Intel Capital,

Mission Ventures, Valhalla Partners, and Windward Ventures. In addition, Nirvanix has announced that it has appointed Scott Genereux as President and CEO. Genereux was formerly SVP of Worldwide Sales and Marketing at QLogic and held executive roles at DataDirect Networks (DDN) and Hitachi before that.