ECONOMICS
DataDirect Networks Closes Series A Funding Round of $9.9 Million
LOS ANGELES, CA -- DataDirect Networks, a leading provider of high performance storage networking appliances, has completed a $9.9 million Series A round with ClearLight Partners LLC, a $300 million private equity and venture capital fund, Digital Coast Ventures, the venture capital investment vehicle of Digital Coast Partners, and PART'COM, one of the premier European venture capital firms specializing in the sectors of telecommunications, media and Internet.