Basho Technologies Obtains $11,100,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95777424-93b9-4a3f-9306-f6aa2e763852&Preview=1 -
Date
7/18/2012 -
Company Name
Basho Technologies -
Mailing Address
929 Market Street San Francisco, CA 94103 -
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
$11,100,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. The company has entered into a partnership with IDC Frontier to distribute as technology throughout Japan. -
M&A Terms
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Venture Investor
IDC Frontier -
Venture Investor
Georgetown Partners
