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Billion-Dollar Actifio Has Been Offered Another $100M



Boston's sole member of the "billion-dollar startup club"—privately held tech companies that've raised funding at a valuation of $1 billion or more—might see that valuation rise even further again in the near future.

Waltham, Mass.-based Actifio has been offered an additional $100 million in funding by investors and is "considering their offer," an Actifio spokeswoman told me in an email Tuesday. The news was first reported by The Economic Times in India.

Last March, Actifio had raised $100 million in a round that valued the data storage technology firm at $1.1 billion. At the time, CEO Ash Ashutosh told me the company would like to go public some time in mid to late 2015.

The new funding round could close by the middle of this year and would be used to further accelerate the company's sales, The Economic Times reported.

So far Actifio has raised a total of $207 million since its founding in 2009. Investors include Tiger Global Management, Advanced Technology Ventures, Andreessen Horowitz, North Bridge, Greylock and Technology Crossover Ventures.

See related: Here Are the Boston Tech IPOs I'm Eyeing for 2015


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