Nimble Storage Raises $25 Million for Non-Cloud Storage

Posted Jul 14, 2011

Nimble Storage, an alternative to cloud storage, has raised $25 million for international expansion and growth. The investors include Artis Capital Management, Accel Partners, Lightspeed Venture Partners and Sequoia Capital. The company was founded by Varun Mehta and Umesh Maheshwari, and Nimble Storage appeals to those who don’t have IT teams, don’t want to deal with tons of servers or don’t completely trust the cloud. [TechCrunch]