Pivotal confirms Series C round is actually over $650 million

18:34 09.05.2016
Pivotal filed a Form D last week with the SEC indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to an SEC spokesperson. It’s actually interesting that EMC, which is in… Read More...
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