Basho Technologies Obtains $11,100,000 New Financing Round

  • Feed Type
  • Date
    7/18/2012
  • Company Name
    Basho Technologies
  • Mailing Address
    929 Market Street San Francisco, CA 94103
  • Company Description
    Basho produces Riak, a distributed datastore that combines high availability, easily-scalable capacity and throughput, and ease of use. Riak’s complete availability means that applications built using Riak remain both read- and write-available under almost any operational conditions and without requiring intervention. Available in both an open source and a paid commercial version, Riak provides unprecedented read- and write-availability to web, mobile, and enterprise applications.
  • Website
    http://www.basho.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. The company has entered into a partnership with IDC Frontier to distribute as technology throughout Japan.
  • M&A Terms
  • Venture Investor
    IDC Frontier
  • Venture Investor
    Georgetown Partners