Violin Memory, a US-based corporate venturing-backed maker of data storage equipment backed by Japan-based peer Toshiba, has extended its pre-flotation round by up to $50m.
Violin increased the amount it is raising from private investors could reach $130m from a previously disclosed round of $80m and said in a regulatory filing it had now raised $96.2m. Allied Beacon Partners and Internet Securities are named as brokers helping place the round, which has 126 investors, according to the filing.
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