Goodwin Procter attorneys recently advised Insight Venture Partners, a venture capital and private equity firm, in its Series E investment in Tintri, Inc., a producer of storage for virtualization and cloud environments. The $75 million financing was led by Insight Venture Partners, with participation from existing investors Lightspeed Venture, Menlo Ventures and NEA. Tintri has raised $135 million through all rounds of funding.
Insight Venture Partners, based in New York City, is a global private equity and venture capital firm that invests in eCommerce, Internet, on-premise and Saas-based software and data-services companies. The firm has raised more than $7.6 billion and invested in 200 companies worldwide since launching in 1995.
Tintri, Inc. helps IT organizations eliminate storage complexity and minimize costs for virtualized environments. Founded by Dr. Kieran Harty, Tintri Zero Management Storage ™ addresses the mismatch between storage and virtualization with the industry’s first VM-Aware Storage architecture. The company is based in Mountain View, Calif. and has international offices in London and Tokyo.
The Goodwin team advising Insight Venture Partners was led by partner Ilan Nissan. Associate Julia Boyd provided additional support.
More information about Insight Venture Partners’ investment can be found in the Tintri press release.