Cloudant Garners $12,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10c9b63f-b61c-49be-976d-abae86025521&Preview=1
Date
5/15/2013
Company Name
Cloudant
Mailing Address
129 South St. Boston, MA 02111
Company Description
Cloudant offers an integrated database, analytics, and search, providing businesses with an easy to use, highly-scalable data platform based on Apache CouchDB.
Website
http://www.cloudant.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series B
Proceeds Purposes
The funding will be used to support Cloudant’s global expansion and grow the company’s support, service, and go-to-market strategies.
M&A Terms
Venture Investor
Devonshire Investors
Venture Investor
Toba Capital
Venture Investor
Rackspace Cloud