Celeversafe Raises Third Round

Celeversafe Inc., a Chicago-based developer of dispersed storage appliances and software for deployment of dispersed storage networks, has raised around $5 million in Series C funding.


Harrison Street Capital led the round, and was joined by Presidio Ventures and return backers New Enterprise Associates, Alsop Louie Partners and OCA Ventures. In other company news, Cleversafe announced that former Motorola CEO Christopher Galvin was joining its board of directors. www.cleversafe.com