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AutoVirt Inc., which offers software to help manage large files in a virtualized environment, has raised $5 million in an equity round, according to a filing with the U.S. Securities and Exchange Commission.
Based in Nashua, N.H., AutoVirt has raised at least $23 million, including $3.8 million in a round in October 2010 that was led by previous investors Sigma Partners of Boston and Kepha Partners of Waltham. Sigma’s Robert Davoli and Kepha’s Jo Tango serve on AutoVirt’s board, along with ExaGrid CEO Bill Andrews.
Commenting on the SEC filing, a company spokesperson said Kepha and Sigma returned for the current round, and that the funds will be used to grow sales and marketing initiatives.
AutoVirt’s software is designed to help organizations manage unstructured data by minimizing new storage expenditures through the use of data assessment and tiering, decreasing file system complexity by consolidating shares, and migrating data to new storage devices with minimal downtime, according to the company.
AutoVirt, founded in 2007, is led by CEO Josh Klein, formerly president and chief operating officer of GlassHouse Technologies, and founder and chief technology officer Klavs Landberg.
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