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Eyeing An IPO, Data Virtualization And Storage Company Actifio Raises $50M From TCV, Andreessen Horowitz, Greylock At $500M Valuation

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http://techcrunch.com – Virtualization data management company Actifio has raised $50 million in Series D funding led by Technology Crossover Ventures (TCV) with participation from existing investors Andreessen Horowitz, ATV, Greylock Partners and North Bridge Venture Partners. This fund brings the enterprise company’s total venture investment to $107.5 million. According to a Wall Street Journal report, Actifio was valued at $500 million and is considering an IPO. Actifio offers a copy data storage platform, and uses virtualization technology to store and manage data. This allows for businesses to create a sin (IT news)