SageCloud Secures $10,000,000 Series B Financing Round

  • Feed Type
  • Date
    6/12/2013
  • Company Name
    SageCloud
  • Mailing Address
    Two Oliver Street Boston, MA 02109
  • Company Description
    The Company provides Cold Data Storage systems that dramatically reduce TCO through open-standards enclosures, desktop drives and powerful software.
  • Website
    http://www.sagecloud.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes will be used to accelerate deployment of the company’s products with initial customers and expand operations.
  • M&A Terms
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    Matrix Partners