ScaleBase Garners $10,500,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb01cbde-54ac-4fdf-b2ce-e3278c76b797&Preview=1 -
Date
10/18/2012 -
Company Name
ScaleBase -
Mailing Address
246 Walnut Street Newton, MA 02460 -
Company Description
ScaleBase enables next generation applications – and the massive transactional processing requirements of big data, without requiring changes to the existing infrastructure. The ScaleBase Data Traffic Manager dynamically manages and scales databases to meet changing business demands. -
Website
http://www.scalebase.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,500,000 -
Transaction Round
Series B -
Proceeds Purposes
The new funding will fuel product innovation, research and development, and sales and marketing expansion. -
M&A Terms
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Venture Investor
Bain Capital Ventures -
Venture Investor
Ascent Venture Partners -
Venture Investor
Cedar Fund
