Nirvanix announced on Thursday it has raised over $25M in a Series C funding round led by Khosla Ventures. Current Nirvanix investors Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures also participated in the round. The company plans to utilize the capital infusion to significantly expand its engineering organization and accelerate the delivery of innovative new cloud storage services while increasing its global footprint across sales and marketing. The new investment brings Nirvanix’s total capital raised to $70M.
«Our enterprise cloud storage focus has clearly resonated with customers, as demonstrated by the fact that we booked more revenue in Q1 of 2012 than nearly all of 2011,» said Scott Genereux, President and CEO of Nirvanix.