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Think Dropbox, Box, and a handful of other players have wrapped up the data storage space?  Tell that to venture capitalists who certainly don’t seem to think so.  Q2 2012 saw data storage hit a 10 quarter high in terms of deals marking a 119% increase in deal flow over the year ago quarter.  On a sequential basis, deals and dollars were up 84% and 134%, respectively.

Since 2010, there have been 195 financing transactions in the storage space with over $1.6 billion having been invested.  As the graph below illustrates, the deal activity trend is clearly trending upward.

To read the original article: Cloud Storage Sees $1.6 Billion in Venture Capital