Sequoia keeps it in the family with Cast Iron
Cast Iron Systems, a Mountain View, Calif. company that sells “application integration appliances,” has raised $16 million in a fifth round of capital.
The funding is notable because it continues a surprising trend of co-investing between Sequoia Capital — one of the most respected, but secretive venture firms in Silicon Valley — and an obscure hedge fund called Artis Capital.
The two companies have declined comment on the relationship. But it’s widely known that David Lamond,… Continue Reading