Argonaut Private Equity

Pivot3 Announces Additional $45 Million in Corporate Financing

Posted by Stan Lewis February 24, 2015 6:53 pm Categories: Corporate News, Storage. Tags: Argonaut Private Equity, Converged infrastructure, Investment, PIVOT3.

Pivot3, a pioneer and innovator in the development of hyper-converged infrastructure (HCI) solutions, has announced a $45 million equity and bank financing closing today. Argonaut Private Equity, a new investor in Pivot3, joins S3 Ventures, InterWest Partners, Mesirow Financial Private Equity and the Wilson Sonsini Goodrich & Rosati investment fund in providing additional equity in this closing.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.