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Pirus Networks scores $9.5 million

Pirus Networks has raised $9.5 million from JAFCO Ventures as part of its second round. The funding adds to the $40 million the company has raised in the round. Acton, Mass.-based Pirus Networks has raised a total of $55 million. Pirus is developing hardware to create Internet Protocol storage networking systems. The company's new Storage Utility Switch is designed to reduce storage costs and streamline data management.

Pirus Networks has raised $9.5 million from JAFCO Ventures as part of its second round. The funding adds to the $40 million the company has raised in the round. Acton, Mass.-based Pirus Networks has raised a total of $55 million. Pirus is developing hardware to create Internet Protocol storage networking systems. The company's new Storage Utility Switch is designed to reduce storage costs and streamline data management.