Cleversafe Secures $26,400,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18d90148-14bf-41f3-b5bb-6911606cf00b&Preview=1
Date
10/25/2010
Company Name
Cleversafe
Mailing Address
224 N. Desplaines Street Chicago, IL 60661
Company Description
Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology.
Website
http://www.cleversafe.com
Transaction Type
Venture Equity
Transaction Amount
$26,400,000
Transaction Round
Series C
Proceeds Purposes
Chicago-based Cleversafe plans to use the proceeds of the round to add new customers in those industries, Bellanca said.
M&A Terms
Venture Investor
New Enterprise Associates
Venture Investor
OCA Ventures
Venture Investor
Individual Investor