Caringo Obtains $5,000,000 New Funding

  • Feed Type
  • Date
    7/26/2010
  • Company Name
    Caringo
  • Mailing Address
    6801 North Capital of Texas Highway Bldg 2 Austin, TX 78731
  • Company Description
    Caringo Inc. is a leading provider of content storage software and has re-imagined content addressed storage from the ground up with its flagship CAStor product. CAStor is third-generation technology that leverages the customer’s choice of commodity hardware for implementing a robust storage cluster that dramatically improves the scope and economics of corporate content storage.
  • Website
    http://www.caringo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment, from private sources and two Texas institutional investors, will contribute to the expansion of the software company.
  • M&A Terms
  • Venture Investor
    Undisclosed