Presidio Ventures, the US-based corporate venturing division of Japan-based general trading corporation Sumitomo, invested an undisclosed amount in Israel-based data recovery software firm Axxana on Wednesday.
Prior to Presidio’s funding, Axxana had raised $14m in financing over two rounds. Axxana’s series A raised $5m from venture capital (VC) investor Gemini Israel Funds, in 2007, and was followed by a $9m series B round in November 2009 in which Gemini was joined by VC fund Carmel Ventures and angel investor Moshe…
