Wednesday, August 1, 2007

ONStor Raises $27M

Campbell, California-based ONstor, which develops clustered network attached storage (NAS) devices, said this morning that it has closed on $27M in a mezzanine funding. The venture capital funding came from Sand Hill Capital, and also included its existing investors, Foundation Capital, Mayfield Fund, ComVentures, and Worldview Technology Partners. ONstor said that this is the firm's final round of funding. ONstor's NAS devices are used in enterprise IT environments. More information »