Cleversafe Obtains $55,000,000 Series D Round

  • Feed Type
  • Date
    8/20/2013
  • Company Name
    Cleversafe
  • Mailing Address
    222 South Riverside Plaza Chicago, IL 60606
  • Company Description
    Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology.
  • Website
    http://www.cleversafe.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    With the recent infusion of capital, Cleversafe plans to extend its rapid growth and customer engagements, as well as expand into new vertical market segments. The company also plans to increase its product development efforts to deliver additional innovative solutions in conjunction with leading industry partners to help its customers continue to reduce the costs of storing data.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    New World Ventures
  • Venture Investor
    Undisclosed

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