Caringo Obtains $8,800,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80b15770-1823-4b64-b9a8-6ad51dd093fc
Date
9/30/2016
Company Name
Caringo
Mailing Address
6801 North Capital of Texas Highway Austin, TX 78731 USA
Company Description
Caringo develops software-defined object storage software that gives you control over any volume, velocity or variability of unstructured information; radically reducing complexity and costs while extracting the maximum value and performance from your hardware.
Website
http://www.caringo.com
Transaction Type
Venture Equity
Transaction Amount
$8,800,000
Transaction Round
Series B
Proceeds Purposes
The latest capital infusion will be leveraged to continue the company’s development, marketing and distribution of Caringo Swarm — the leading object storage software.
M&A Terms
Venture Investor
New Science Ventures
Venture Investor
Advantage Capital Partners