Q3 2016 Strong Storage Venture Funding

Q3 venture funding kept a healthy pace with $275M in total funding across 12 rounds with an average round size of $25M.  Upthere had the largest round, bringing in $77M in their first announced round and promising a new level of personal data storage and management across all your devices.  Western Digital and Kleiner Perkins led the Upthere round.   Rubrik came in second in Q3 funding raising a 3rd round of $61.1M with Druva not far behind raising a 5th round, $51M.

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