X

Network storage firm catches $15 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Incipient announced Monday it closed a $15 million second round of funding, led by Jafco Ventures. Previous investors Greylock and Sigma Partners also contributed to the round. The Waltham, Mass.-based company has raised a total of $25 million. Incipient develops applications for network storage management.