Basho Technologies Secures $7,500,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a9ea645-abfd-432e-bfcb-fb8c7aacc941&Preview=1 -
Date
2/8/2011 -
Company Name
Basho Technologies -
Mailing Address
196 Broadway Cambridge, MA 02139 -
Company Description
Basho produces Riak, a distributed datastore that combines high availability, easily-scalable capacity and throughput, and ease of use. Riak’s complete availability means that applications built using Riak remain both read- and write-available under almost any operational conditions and without requiring intervention. Available in both an open source and a paid commercial version, Riak provides unprecedented read- and write-availability to web, mobile, and enterprise applications. -
Website
http://www.basho.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company plans to hire heavily in marketing and sales. -
M&A Terms
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Venture Investor
Undisclosed
