Pillsbury advised Komprise, the industry leader in intelligent data management, in its $24 million in Series C Investment. The funding round was led by Top Tier Ventures, with strategic investment from new investor Western Digital Capital, the strategic investment fund of Western Digital Corp., along with participation from existing investors, Canaan Partners and Walden International.
This new funding round, which brings the total financing since inception to $42 million, will be used globally to boost sales, marketing, product development and customer support.
Komprise enables customers to swiftly adapt their data management to suit a range of business requirements. The Komprise Intelligent Data Management Platform allows organizations to manage the complete data lifecycle with data analytics, replication, archive and effortless migration. The solution is designed to address today’s massive scale of data and enables customers to dynamically opt for the right storage solution at the right time, saving money and enhancing data management.
Pillsbury attorneys on the transaction included partners Jorge del Calvo, Allison Leopold Tilley and associate Erin Jennings in Silicon Valley.