Proximal Data Obtains $2,000,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bb63b4b-c371-41df-b26b-9de6a4b7cf22&Preview=1 - Date
4/2/2013 - Company Name
Proximal Data - Mailing Address
9255 Towne Centre Drive San Diego, CA 92121 - Company Description
Proximal Data’s founders have enjoyed decades of success in the enterprise storage business. We believe that there are three underlying trends driving the need for our fast virtual cache solution. - Website
http://www.proximaldata.com - Transaction Type
Venture Equity - Transaction Amount
$2,000,000 - Transaction Round
Series B - Proceeds Purposes
Proximal Data will use the funds to increase its sales distribution channels and extend its current market success to include more global markets, as well as further advance the storage I/O caching capabilities of AutoCache, its fast virtual cache software. - M&A Terms
- Venture Investor
Avalon Ventures - Venture Investor
Divergent Ventures
