GlassHouse Raises $9.8 Million


GlassHouse Technologies Inc., a Framingham, Mass.-based provider of storage consulting and services, has raised $9.8 million in Series F funding, peHUB has learned. Cisco Systems came in as a new investor.

GlassHouse has spent the past year in registration for a $100 million IPO, after having raised over $64 million in VC funding from firms like GrandBanks Capital, Jafco, Kodiak Venture Partners, Montagu Newhall Associates, Paladin Capital Management, Shiprock Capital, Dell and Sigma Partners. It also secured $16 million in convertible note financing from LRG Capital Group, Velocity Capital Group and Leader Ventures. www.glasshousetech.com