RainStor Adds Funding, Investors, Readies Nearline Archive Rampup
March 10, 2010 1 Comment
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. Read more of this post
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