Fortune: Term Sheet -- Monday, June 1

Hedvig, a Santa Clara, Calif.-based software-defined storage startup, has raised $18 million in Series B funding. Vertex Ventures led the round, and was joined by return backers True Ventures and Atlantic Bridge. www.hedviginc.com

Read more at Fortune.

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Hedvig, a Santa Clara, Calif.-based software-defined storage startup, has raised $18 million in Series B funding. Vertex Ventures led the round, and was joined by return backers True Ventures and Atlantic Bridge. www.hedviginc.com