Xconomy Boston

Marathon Technologies Corporation Secures $1,040,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b49700fa-a124-4604-83ff-c1bd1dc9900e&Preview=1
Date
6/30/2009
Company Name
Marathon Technologies Corporation
Mailing Address
295 Foster Street Littleton, MA 01460
Company Description
Marathon’s everRun product family represents a dramatic breakthrough in application availability, moving the market past high availability and continuous availability solutions to what Marathon calls “Infinite Availability.
Website
http://www.marathontechnologies.com
Transaction Type
Venture Equity
Transaction Amount
$1,040,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Sierra Ventures