ScaleBase Garners $10,500,000 Series B Funding

  • Feed Type
  • Date
    10/18/2012
  • Company Name
    ScaleBase
  • Mailing Address
    246 Walnut Street Newton, MA 02460
  • Company Description
    ScaleBase enables next generation applications – and the massive transactional processing requirements of big data, without requiring changes to the existing infrastructure. The ScaleBase Data Traffic Manager dynamically manages and scales databases to meet changing business demands.
  • Website
    http://www.scalebase.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will fuel product innovation, research and development, and sales and marketing expansion.
  • M&A Terms
  • Venture Investor
    Bain Capital Ventures
  • Venture Investor
    Ascent Venture Partners
  • Venture Investor
    Cedar Fund