San Jose network storage company, ARIO Data Networks, has raised a total of $8 million so far in its first round, more than the $5.9 million target it had initially stated in the funding round we’d reported last month.
VentureWire (sub required) reported the extra funding this morning. There is a history behind this company, which has restarted and mapped out a new strategy. See this piece in Byte & Switch about the company’s shift from being chip company to a storage company.
The investment was co-led by existing investor Clearstone Venture Partners and Partech International, with participation from Mellon Ventures, Evercore Partners, Anthem Venture Partners and Sunsino Ventures.