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Summary*

Pivot3, founded in 2003 and headquartered in Austin, Texas, is a technology company that specializes in redefining IT infrastructure. The company's innovative approach combines patented erasure coding, distributed scale-out architecture, Dynamic Quality of Service, and flexible deployment options to help organizations optimize their software-defined data centers.

Since its inception, Pivot3 has raised a total of $226.9 million in funding, demonstrating investor confidence in its technology and market potential. The company's solutions aim to unlock the potential of software-defined data centers for organizations of all sizes, positioning Pivot3 as a notable player in the IT infrastructure sector.

It's important to note that on July 20th, 2021, Pivot3 was acquired by Quantum Corp. This acquisition has likely impacted any potential plans for an initial public offering (IPO) that Pivot3 may have had. As a result, there is currently no concrete information or reliable reports regarding Pivot3's IPO prospects.

For investors interested in the IT infrastructure and software-defined data center market, it's advisable to keep an eye on Quantum Corp., the parent company of Pivot3, for any future developments or investment opportunities in this space. However, as with any investment decision, it's crucial to conduct thorough research and consult with financial advisors before making any commitments.

How to invest in Pivot3

While Pivot3's IPO prospects remain uncertain, investors interested in the data storage and hyperconverged infrastructure sector don't have to wait on the sidelines. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like Pivot3, with lower minimum investments than traditional private equity channels. This allows you to diversify your portfolio and potentially benefit from the growth of innovative companies in the tech space.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.