RainStor, a firm I discussed as Clearpace in a June 2009 post, had some very good news this week. $7.5
million in Series B funding came in from Informatica, Storm Ventures and its previous
investors Doughty Hanson Technology Ventures and The Dow Chemical
Company. RainStor plans to "use the funding to expand into new markets,
grow its partner base, and invest in product development and R&D"
says the press release.
more
Posted March 11, 2010 4:39 PM
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