RainStor Lands $12,000,000 Series C Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf290b27-d9e4-4bbe-8c7b-f41a60d58553&Preview=1 -
Date
10/4/2012 -
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
$12,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The new funding will be used to accelerate engineering, expand a world-class team across direct and indirect sales and marketing to maintain Big Data market leadership serving financial services, government, communications and other sectors driving the Big Data wave. -
M&A Terms
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Venture Investor
Credit Suisse -
Venture Investor
Rogers Ventures -
Venture Investor
Doughty Hanson & Co -
Venture Investor
Storm Ventures -
Venture Investor
Dow Venture Capital
