Zadara Storage Receives $7,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df3fb056-b953-41eb-9fb0-14ece3c6c4cf&Preview=1
Date
7/17/2012
Company Name
Zadara Storage
Mailing Address
18003 Sky Park Circle Irvine, CA 92614
Company Description
Zadara Virtual Private Storage Arrays combine innovative software with standard hardware to create truly private Cloud storage with your own dedicated drives, CPUs, memory and I/O.
Website
http://www.zadarastorage.com
Transaction Type
Venture Equity
Transaction Amount
$7,000,000
Transaction Round
Series A
Proceeds Purposes
Cloud startup Zadara Storage has completed a $7 million first round of funding, cash that should help get the word out about its service that gives you much more control over the public cloud.
M&A Terms
Venture Investor
Genesis Capital Advisors
Venture Investor
Platinum Management
Venture Investor
Undisclosed