Crossroads Systems Raises $8.6M

Austin based software maker Crossroads Systems has raised $8.6 million in financing. Crossroads Systems was founded in 1996 and develops software for enterprise storage and cloud computing.

The company currently employs 99 workers and its latest product, StrongBox, is used to manage tape systems for archiving information. This round of financing was collected in a private placement involving 44 investors.

Read more about Crossroads Systems here.

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