RainStor Obtains $7,500,000 Series B Financing Round

  • Feed Type
  • Date
    3/10/2010
  • Company Name
    RainStor
  • Mailing Address
    45 Belden Place 2nd Floor San Francisco, CA 94104
  • Company Description
    RainStor™ is a technology pioneer in online information preservation. The company’s specialized data repository significantly reduces the total cost of preserving information through extreme data compression, simplified data management, and near-perfect scalability on commodity hardware.
  • Website
    http://www.rainstor.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    RainStor will use the funding to expand into new markets, grow its partner base, and invest in product development and R&D.
  • M&A Terms
  • Venture Investor
    Storm Ventures
  • Venture Investor
    Informatica
  • Venture Investor
    Doughty Hanson & Co
  • Venture Investor
    Dow Venture Capital

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