Zaloni Garners $7,500,000 Series A Funding

  • Feed Type
  • Date
    3/8/2016
  • Company Name
    Zaloni
  • Mailing Address
    633 Davis Drive Durham, NC 27713 USA
  • Company Description
    Zaloni, the data lake company, is an award-winning provider of enterprise data lake management solutions. Our software, Bedrock and Mica, enable customers to gain competitive advantage through organized, actionable big data lakes. Serving the Fortune 500, Zaloni has helped its customers build production implementations at many of the world’s leading companies.
  • Website
    http://www.zaloni.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company, which has been experiencing 100% year over year growth from its data lake management solutions, will use the proceeds to fund further expansion of the Zaloni software suite, sales and marketing, research and development, and international expansion.
  • M&A Terms
  • Venture Investor
    Sierra Ventures
  • Venture Investor
    Baird Capital

Trending on Xconomy