Data storage company Pivot3 has raised $25 million in Series C funding led by Focus Ventures with existing investors InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures participating. This brings the startup’s total funding to over $50 million. Pivot3’s storage solutions offer integrated server virtualization for data to enterprise customers. Its RAID-based solutions are generally used to store video surveillance data.[Read more...]