BlueArc Raises $20 Million

BlueArc Corp., a San Jose, Calif.-based provider of unified network storage solutions, has raised $20 million in new VC funding. Investor Growth Capital led the round, and was joined by 16 existing shareholders. BlueArc previously raised around $170 million, from firms like Meritech Capital Partners, Crosslink Capital, Morgenthaler Ventures, Apax Partners, Weston Presidio, RWI Ventures, Dell Ventures, CTTV Investments, Celtic House Venture Partners, The Parkmead Group and Fort Washington Capital Partners. The company filed for an IPO in 2007, but withdrew registration the following year.

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