SageCloud Obtains $10,000,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e4ca913-9932-4c53-81fb-df76f2077ae6&Preview=1 - Date
6/12/2013 - Company Name
SageCloud - Mailing Address
Two Oliver Street Boston, MA 02109 - Company Description
The Company provides Cold Data Storage systems that dramatically reduce TCO through open-standards enclosures, desktop drives and powerful software. - Website
http://www.sagecloud.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Series B - Proceeds Purposes
Proceeds purposes will be used to accelerate deployment of the company’s products with initial customers and expand operations. - M&A Terms
- Venture Investor
Braemar Energy Ventures - Venture Investor
Matrix Partners
