TwinStrata Raises $8 Million in Series B Funding

TwinStrata, a provider of cloud-based data storage, backup and disaster recovery solutions, has announced that it has closed an $8 million Series B round of financing. Avalon Ventures is the lead investor. TwinStrata will use the investment to expand sales and marketing efforts for its CloudArray solution.



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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.