Private equity investment firm McCarthy Capital has led a recapitalisation and growth equity investment in Seven10 Storage Software. Massachusetts-based Seven10 is a provider of enterprise software-defined-storage solutions and fully automated file migrations.
“Seven10 epitomises our ideal investment opportunity in a rapidly growing market,” says Bob Emmert, Managing Partner of McCarthy Capital. “Bobby Moulton and the Seven10 team have built a market-leading software platform and a strong industry reputation. In partnering with management, we are excited to continue to grow the company and lead the market in innovation.”
Based in Lawrence, Massachusetts, Seven10 provides enterprise software-defined-storage solutions to customers across healthcare, financial services, government, education, and other compliance-driven services sectors. Seven10’s Storfirst platform enables organisations to effectively and seamlessly migrate, manage, and protect increasing volumes of unstructured data in an intelligent and secure manner across all leading storage hardware and cloud platforms.
“We believe McCarthy Capital will be an excellent partner,” says Bobby Moulton, Chief Executive Officer of Seven10. “McCarthy is a trusted and proven investment firm that is committed to supporting our growing team as we build on our substantial momentum. Seven10’s technology has helped hundreds of enterprise customers move safely, quickly and securely to converged, cloud-as-a-tier storage infrastructures. McCarthy Capital will help us bring the Storfirst brand to a much larger audience.”
