Deal Announcements

Coraid Collects $10 Million First Venture Capital Round

Wednesday, January 27, 2010 5:54:00 AM PDT | VentureDeal Staff

San Clemente, California  --  Storage company Coraid has garnered $10 million in its first institutional venture capital investment financing.

Coraid has created what it calls a "breakthrough line of EtherDrive storage solutions", with a 5-8x price performance advantage over legacy storage systems.

Investors in the round included Allegis Capital, Azure Capital Partners and other undisclosed investors.  Proceeds purposes from the funding round were not disclosed.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1