Aliso Viejo-based Datallegro Inc., a reseller of servers loaded with its database software, landed nearly $20 million in its latest round of funding.
Since Datallegro’s start in 2004, it has raised $65 million.
The round, the company’s fourth, was led by Pittsburgh-based Hillman Co. Talboet Simons from Hillman is set to join Datallegro’s board.
Other participants include Datallegro’s past venture capital investors, including Adams Capital Management, Focus Ventures, Intel Corp.’s venture arm, Jafco Ventures, Palomar Ventures and Venrock Associates.
The latest round “shows a lot of support for the company,” said Datallegro founder and Chief Executive Stuart Frost. “It gives a great basis to grow.”
The money is set to be used to hire more sales people and beef up marketing.
“That’s going to be the main push for the next year or so,” Frost said. “There’s more demand out there than we can currently cover. We need more sales people on the street.”
Datallegro sells data storage racks loaded with computers that have its software on them. The racks, computers and software are designed to be installed in companies’ server rooms.
Its software is geared toward big companies that need to store, organize and retrieve huge volumes of historical data, such as banks, retailers and telecommunication companies.
Datallegro, which has about 100 workers in Aliso Viejo, struck some big deals with some of the biggest names in data storage last year, including EMC Corp., Dell Inc. and French technology goods distributor Bull.
One of its biggest retail customers is Sears Holdings Corp., parent of the Sears chain of department stores.
The privately held company doesn’t disclose sales. It’s on track to turn a profit by the end of the year, Frost said.
He said the company isn’t looking to raise any more money.
