Former VMware CTO Steve Herrod joined General Catalyst Partners in January, and his first investment as a venture capitalist is a big one — $25 million in cloud backup service Datto. DealBook has a good writeup of Datto’s story, but the other angle is what the deal says about Herrod’s investment strategy and about GCP’s push into enterprise software.
via GigaOM http://feedproxy.google.com/~r/OmMalik/~3/_8lfGFfmDaQ/
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