San Francisco-based software company Pivotal has raised $253 million in a Series C financing round. The investment was led by new investor Ford, already a Pivotal customer, with $182 million. Microsoft, and previous backers GE, EMC and VMware also contributed to the round. The new funding brings the valuation Pivotal to $2.8 billion reportedly.
Rob Mee,CEO, Pivotal: Here at Pivotal we are partnering with customers to create a world where the largest and most admired companies can build and run software like Google, Uber, or any venture-backed startup.
Pivotal works with nearly one-third of the Fortune 100 companies, including GE, Verizon, Home Depot, Comcast, Humana, Lockheed Martin, and Allstate.
[Image courtesy: Pivotal]