Massachusetts-based data management startup Actifiohas raised $100 million

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Massachusetts-based data management startup Actifiohas raised $100 million led by Tiger Global with participation from previous investors Greylock IL,Advanced Technology VenturesAndreessen Horowitz, and Technology Crossover Ventures. Actifio has created a data storage platform that uses virtualization technology to help companies cut their storage costs by as much as 90%. Founded in 2009, Actifio is now valued at $1.1 billion and is preparing for an IPO in the next year.

By Jarrett Neil Ridlinghafer 
Chief Technology Analyst & Consultant
Compass Solutions, LLC 
Atheneum-Partners 
Hadoop Magazine 
Cloud Consulting International 
CTO – 4D Healthware
Synapse Synergy Group

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