RainStor Lands $12,000,000 Series C Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf290b27-d9e4-4bbe-8c7b-f41a60d58553&Preview=1 - Date
10/4/2012 - Company Name
RainStor - Mailing Address
45 Belden Place 2nd Floor San Francisco, CA 94104 - Company Description
RainStor is a technology pioneer in online information preservation. The company’s specialized data repository significantly reduces the total cost of preserving information through extreme data compression, simplified data management, and near-perfect scalability on commodity hardware. - Website
http://www.rainstor.com - Transaction Type
Venture Equity - Transaction Amount
$12,000,000 - Transaction Round
Series C - Proceeds Purposes
The new funding will be used to accelerate engineering, expand a world-class team across direct and indirect sales and marketing to maintain Big Data market leadership serving financial services, government, communications and other sectors driving the Big Data wave. - M&A Terms
- Venture Investor
Credit Suisse - Venture Investor
Rogers Ventures - Venture Investor
Doughty Hanson & Co - Venture Investor
Storm Ventures - Venture Investor
Dow Venture Capital
