Basho Technologies Obtains $25,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb7494e3-a8bc-4d91-9df0-f0d3e6e35bae
Date
1/13/2015
Company Name
Basho Technologies
Mailing Address
929 Market Street San Francisco, CA 94103 USA
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.
Website
http://www.basho.com
Transaction Type
Venture Equity
Transaction Amount
$25,000,000
Transaction Round
Undisclosed
Proceeds Purposes
We think we have a good foundation to spring forward and jump ahead and become the No. 1 leader in this space in the not-short term race.
M&A Terms
Venture Investor
Venture Investor