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Storigen receives $10 million

Storigen Systems announced Tuesday it received $10 million toward its second round. Thomas Weisel Venture Partners and previous investors Battery Ventures, Charles River Ventures and OneLiberty Ventures participated in this latest funding. Lowell, Mass.-based Storigen, which raised $25 million for its second round, has raised a total of $34 million to date. The company develops software applications and services for distributed storage systems. The systems help companies improve the performance of Internet protocol networks by storing and delivering various forms of data to the edge of a network.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Storigen Systems announced Tuesday it received $10 million toward its second round. Thomas Weisel Venture Partners and previous investors Battery Ventures, Charles River Ventures and OneLiberty Ventures participated in this latest funding. Lowell, Mass.-based , which raised $25 million for its second round, has raised a total of $34 million to date. The company develops software applications and services for distributed storage systems. The systems help companies improve the performance of Internet protocol networks by storing and delivering various forms of data to the edge of a network.