Fenwick Represents Nexenta Systems in $24M Series D Investment

February 28, 2013

Fenwick & West LLP represented Nexenta Systems, Inc., a leader in Software-defined Storage delivering high-performance, ultra-scalable, cloud-and virtualization-optimized storage solutions, in its recently announced $24 million Series D investment. The round was led by new investor Four Rivers Group, and included participation from existing investors Menlo Ventures, TransLink Capital, Javelin Ventures, Sierra Ventures, Razor’s Edge Ventures and West Summit Capital. New strategic investors Presidio Ventures and UMC Capital also participated in this round. As part of the investment, Mark Lockareff has joined Nexenta as the new chief executive officer, with former CEO Evan Powell assuming the new role of chief strategy officer.

More information about Nexenta Systems’ $24M Series D Investment can be obtained from the company press release.

The Fenwick transaction team was led by corporate partner Bill Schreiber; and corporate associates Sarah Herman and Amna Latif.