Scale Computing Obtains $12,000,000 Series D Financing

  • Feed Type
  • Date
    10/23/2012
  • Company Name
    Scale Computing
  • Mailing Address
    5225 Exploration Drive Indianapolis, IN 46241
  • Company Description
    Scale Computing was founded to reduce storage costs, increase your control, and make managing storage much more convenient. We call it the Three Cs. Others call it the emergence of Third Generation storage. Our customers simply call it better storage.
  • Website
    http://www.scalecomputing.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Scale said it will use the new funding to accelerate growth of its HC3 datacenter-in-a-box product — which combines servers, storage, and virtualization in one fully integrated, scalable appliance. It will also use the new funds for continued product development and the launch of a new partner program later this year.
  • M&A Terms
  • Venture Investor
    Heron Capital
  • Venture Investor
    Reservoir Venture Partners
  • Venture Investor
    Allos Ventures
  • Venture Investor
    CID Capital
  • Venture Investor
    Spring Mill Venture Partners
  • Venture Investor
    Northgate Capital
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Scale Venture Partners