Company Name Coraid
Mailing Address 101 S El Camino Real San Clemente, CA 92672
Company Description Coraid redefines storage economics with its breakthrough line of EtherDrive storage solutions. EtherDrive delivers scale-out performance, Ethernet simplicity, and 5-8x price performance advantage over legacy storage. Designed from the ground up for virtualization and simplicity, Coraid solutions have been deployed by over 1100+ customers worldwide.
Proceeds Purposes This Series B investment positions Coraid for rapid growth in the coming years, and enables us to accelerate the development of new disruptive technologies. Most importantly, the new funding enables us to provide enterprise-class support to our customers worldwide, and help them take full advantage of Ethernet SAN technology.