Q3 2015 Storage M&A and Funding Review

Q3 selected highlights include:

– Q3 2015 total consideration was high at $8.8B driven by $8B Carlyle/Veritas

   transaction and $694M Seagate/Dot Hill deal

– Total deal volume was at 7 which continues the steady pace for 2015

– Q3 2015 Storage related funding cools down a bit to $288M on 12 rounds of funding. 

– Compared to last quarter, total funding has declined 62% from $468M as the average

   round size has shrunk from mid to high $30’s to mid $20’s. 

– The largest round was Tintri’s $125M later round as it prepares for IPO, followed by

   Scality with a $45M round. 

– Components shows life with infinite.io, Crossbar and Liqd raising $3.4, $35M and

   $5.7M respectively. 

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