Follow The Money: 10 Recent VC Tech Investments To Watch In February 2013

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HQ: Mountain View, Calif.

CEO: Justin Moore
New Funding: $20 million
Round: D
Backers: Scale Venture Partners, Thomvest Ventures, Peninsula Ventures, Allegis Capital, others

Cloud storage specialist Axcient has sure been busy. Not only did it hire a bevy of veteran executives from Cisco, HP and Dell KACE late last year, it also locked up another $20 million in venture funding to continue its rapid expansion.

"We want to double revenue again in 2013," CEO Justin Moore told CRN in December. "The numbers are getting large now, which points to the caliber of people we are able to attract."


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