You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

New funding puts Waltham data start-up Actifio in line for IPO

Actifio, a Waltham data storage company, became the latest hot technology start-up to gear up for an initial public offering after it raised a new round of funding Wednesday from venture capitalists that values the fast-growing business at $500 million.

With $50 million in new funds in its coffers, Actifio is on track to try a public offering within a year or so, its executives said, joining the Boston security firm Rapid7 Inc. and a Cambridge marketing software provider, HubSpot Inc., in the queue for Wall Street.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week