NorthScale Secures $10,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5ec1d57-c40f-4476-855a-1475c416e070&Preview=1 -
Date
5/18/2010 -
Company Name
NorthScale -
Mailing Address
200 W. Evelyn Ave. Mountain View, CA 94041 -
Company Description
NorthScale, Inc., the elastic data infrastructure software company, provides a new class of data management technology that scales out, enabling customers to dramatically lower data management costs while simultaneously improving the scalability and performance of their web applications. -
Website
http://www.northscale.com/
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Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The new funding will be used to continue the company’s investment in innovation around noSQL database technologies and drive market adoption of NorthScale’s family of scale-out data solutions for web applications and cloud computing. -
M&A Terms
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Venture Investor
Mayfield Fund -
Venture Investor
Accel Partners -
Venture Investor
North Bridge Venture Partners
