BlueArc Digs Up $29M In Funding

San Jose-based BlueArc has found another round of funding in the amount of $29M. This investment brings to over $200M the amount that BlueArc has received from investors since its inception. Morgenthaler Ventures led the round accompanied by new investors Chevron Technology Ventures and Wasatch Advisors with existing financiers Crosslink Capital, Fort Washington Capital Partners, Meritech Capital Partners, Weston Presidio and the RWI Group also participating. BlueArc develops enterprise storage systems for the data storage industry. More information »