PowerFile closes in on $12M for online archiving
PowerFile, maker of appliances for online archiving, has brought in a little under $11.85 million in a fifth round of preferred stock and common stock, according to a filing with the SEC. Based in Foster City, Calif., the company is backed by Sequoia Capital and Silver Creek Ventures.
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About the Author, Camille Ricketts
Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.
