PHD Technologies Officially Announces Funding Round, Fails To Share Any Details

Remember last week when we reported on PHD Technologies, provider of the esXPRESS backup and restoration solution for virtualized infrastructures, announcing the appointment of Sridhar Murthy as the company’s CEO?

The press release also mentioned a fresh funding round, but was scarce on details. Today, the company decided to let us in on the questions we all ask when a new investment in a virtualization company is made: who decided to invest, and how much?

Except you won’t find any answers in their newest official press release either, except for the fact that it concerns “an equity investment from a top tier venture capital firm”. The rest of the press release was the usual marketingese, but I really wondered why PHD Technologies decided it was worth sending a press release containing absolutely no new information whatsoever?

About the author

I'm a blogger, entrepreneur, conference organizer, social media consultant, startup advisor and allround web addict, based in Belgium, Europe. I'm a writer at TechCrunch and managing editor of Virtualization.com.

Trackbacks for this post

  1. PHD Technologies Hires Igor Saulsky To Sell More Of Its esXPRESS Solution | Virtualization.com

Leave a Comment

Powered by WordPress | Deadline Theme : An AWESEM design