Pivotal confirms Series C round is actually over $650 million

 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 a Pivotal spokesperson. It’s actually interesting that EMC, which is in… Read More