Copan Systems Adds $18.5 Million
Copan Systems, a Longmont, Colo.-based provider of persistent data storage solutions, has raised $18.5 million in fifth-round funding. Westbury Partners led the round, and was joined by return backers like Austin Ventures, Globespan Capital Partners, FirstMark Capital and Credit Suisse. Battery Ventures, which led the firm’s $32.4 million Series D round, did not participate. The Battery partner who led that deal, Mike Scanlan, left the firm last year. Copan Systems has now raised over $100 million. www.copansystems.com
17 February 2009•3 mins read
