Avamar Technologies Completes Multiple Financing Rounds

Represented Avamar Technologies, Inc. in connection with its Series C Preferred Stock financing, raising $12.25 million. Investors included Benchmark Capital, CMGI@Ventures and Lightspeed Venture Partners. Also represented Avamar in connection with its Series D Preferred Stocking financing, raising $13.35 million. Investors in this round included Goldman Sachs, Benchmark Capital, CMGI@Ventures and Lightspeed Venture Partners.

Avamar is a developer of enterprise data protection software for corporations, medium to large-sized businesses, and multinational enterprises.*

 

 

 

 

* indicates transactions initiated at prior firms.