RainStor Lands $12,000,000 Series C Funding

  • Feed Type
  • 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
  • Venture Investor
    Credit Suisse
  • Venture Investor
    Rogers Ventures
  • Venture Investor
    Doughty Hanson & Co
  • Venture Investor
    Storm Ventures
  • Venture Investor
    Dow Venture Capital

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