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ACQUIRED COMPANY
 
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PowerFile  Acquired by Hitachi Data Systems (2012  amount undisclosed )

1165 Triton Drive
Foster City, CA 94404
USA
(650) 403-9222
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Greg McAdoo (Sequoia Capital Partner) Scott A. Jones (Gracenote Chairman) Mark Masur (Silver Creek Ventures General Partner) Daniel J. Warmenhoven (NetApp CEO)
Former outside board: Douglas M. Leone (Sequoia Capital)
Company

Business description: PowerFile, Inc. is the innovator in active archiving appliances for permanent storage of digital content and assets. The company's award-winning storage solutions combine the speed and simplicity of online access with better economics and integrity compared to traditional archives, empowering organizations of all sizes to efficiently manage, secure, and preserve valuable digital assets. PowerFile's product offerings combine intelligent storage management software and sophisticated file management with cost-effective, robust hardware to deliver integrated, active, easy-to-use archive solutions.
Customers include: HeartLab
Partners include: Legato SystemsSymantec;  C2C Systems;  Comstock Images;  Double Century Software;  EMC/Legato;  Extensis;  HeartLab;  Marathon Computer;  MassChannel;  MassTech Group;  NorthSeas Advanced Messaging Technology ;  PoINT SoftwareAndSystems;  Sencor ;  StorCOMM;  Stryker Imaging;  Xiva
Capital

Rounds: 5
Recent Fundings: Nov 2009   Jul 2007
Capital raised: 22.0M
Last Round: 12.0M
Ownership: Acquired by Hitachi Data Systems (2012  amount undisclosed )

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Overview
Record updated: Nov 2009
Sector: Storage
Year Founded: 1988
Rounds: 5
Recent Fundings: Nov 2009   Jul 2007
Capital Raised: 22.0M
Last Round: 12.0M
Ownership: Acquired by Hitachi Data Systems (2012  amount undisclosed )