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(EMAILWIRE.COM, October 14, 2010 ) Santa Clara, Calif. – StorSimple announced today that it has been selected as one of the “Top 50 Startups to Watch” in the list published by Dow Jones VentureWire. According to a Wall Street Journal article, Dow Jones VentureWire examined hundreds of technology startups that have raised venture capital during this challenging economy and chose 50 of the most promising ones to watch. Top venture capitalists, technology experts and Dow Jones editors hand-picked these 50 startups to be featured at Dow Jones VentureWire FASTech, Nov. 3-4 in Redwood City, Calif.
Tweet This: #StorSimple selected as only cloud storage vendor in Dow Jones Top 50
“Venture capitalists often say the best start-ups are funded during recessions because these companies know how to keep operations lean and mean,” said Ursheet Parikh, founder and CEO of StorSimple. “The cloud is a once-in-a-decade disruption. The fact that we are the only enterprise cloud storage vendor to be selected reflects that what enterprises want today is a way to manage the explosion of corporate content, by securely integrating cloud storage into familiar enterprise applications, such as SharePoint, Exchange or files shares, without being forced to move applications into the cloud.”
StorSimple recently announced that is has raised $13m in series B funding led by the Mayfield Fund, the original investor in 3PAR. Participation in this round included new investor Ignition Partners and both existing investors: Index Ventures and Redpoint Ventures.
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StorSimple
Georgiana Comsa
(408) 435-1500
georgiana@siliconvalleypr.com
Source: EmailWire.com
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