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Basho Tech Closes $5 Million VC Funding

Thursday, November 3, 2011 5:31:00 AM PDT | VentureDeal Staff
   Cambridge, Massachusetts  --  Software developer Basho Technologies has garnered $5 million in new venture capital investment.

Basho has developed a distributed data store that it calls Riak.  The company says that it combines high availability, scalability and ease of use for a variety of web, mobile and enterprise applications.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

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