Basho Technologies Secures $7,500,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a9ea645-abfd-432e-bfcb-fb8c7aacc941&Preview=1 - Date
2/8/2011 - Company Name
Basho Technologies - Mailing Address
196 Broadway Cambridge, MA 02139 - 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
$7,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company plans to hire heavily in marketing and sales. - M&A Terms
- Venture Investor
Undisclosed
