Pivot3, a developer of iSCSI data storage products, said today that it has raised $25M in a funding round. The firm has its Silicon Valley office in Palo Alto, with other operations in Texas. The funding was led by Focus Ventures, and also included prior investors InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures. Pivot3 said the new funding will go towards expanding sales, as well as development efforts. More information »