Scale Computing Lands $12,000,000 Series D Funding
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ae1e4c1-47b0-48dd-a632-0a2bed5b3de9 - Date
10/23/2012 - Company Name
Scale Computing - Mailing Address
5225 Exploration Drive Indianapolis, IN 46241 USA - Company Description
Scale Computing was founded to reduce storage costs, increase your control, and make managing storage much more convenient. We call it the Three Cs. Others call it the emergence of Third Generation storage. Our customers simply call it better storage. - Website
http://www.scalecomputing.com - Transaction Type
Venture Equity - Transaction Amount
$12,000,000 - Transaction Round
Series D - Proceeds Purposes
Scale said it will use the new funding to accelerate growth of its HC3 datacenter-in-a-box product — which combines servers, storage, and virtualization in one fully integrated, scalable appliance. It will also use the new funds for continued product development and the launch of a new partner program later this year. - M&A Terms
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