InMage, data protection software company, raises $10M
InMage Systems, a provider of data protection software for medium and large enterprises, has raised a $10 million second round of funding.
The round was led by existing investors Hummer Winblad Venture Partners, and an unnamed “strategic corporate partner,” Kumar Malavalli, chairman of InMage told Byte and Switch (see full story).
According to the publication:
The company’s list of strategic partners includes some intriguing possibilities: HP, IBM, Pillar Data, Quantum, RedHat, Sungard, Symantec, VMware, and Xiotech, as well as integrators iStreet Solutions and Solidcore. (See InMage Completes Testing.) All investors except the mysterious new corporate entity had contributed to InMage’s previous round. The startup’s total funding is $17.3 million.
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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
