Tuesday, June 16, 2009

Doyenz Gains $4.3M

Bellevue, Washington-based Doyenz, a developer of automated virtualization software targeted at disaster recovery and business continuity, has raised $4.3M in a equity funding round, according to a filing from the firm today. According to the filing, the firm raised the capital as part of an ongoing, $6.5M funding raising effort. $2.8M of that funding was from a convertible note; the remainder came from $1.5M in new funding. Source of the funding was not disclosed, however, the funding appears to be a Series A round for the firm. More information »