GlassHouse Cancels IPO

GlassHouse Technologies Inc., a Framingham, Mass.-based provider of storage consulting and services, has withdrawn registration for a $100 million IPO, due to “current public market conditions.” Goldman Sachs was leading the offering.

GlassHouse has raised over $70 million in VC funding, including a $9.8 million Series F round late last year. Backers include GrandBanks Capital, Jafco, Kodiak Venture Partners, Cisco Systems, Montagu Newhall Associates, Paladin Capital Management, Shiprock Capital, Dell and Sigma Partners. www.glasshousetech.com