Tech Company Financing Transactions

Coraid Funding Round

Crosslink Capital, Allegis Capital and Azure Capital Partners invested in a $50 million funding round for Coraid. The round was recorded on 11/3/2011.

Transaction Overview

Company Name
Announced On
11/3/2011
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

Crosslink Capital (Lead Investor) (James McLean)

Allegis Capital (Lara Druyan)

Azure Capital Partners (Paul Weinstein)

Kinetic Ventures

Menlo Ventures (John Jarve)

Silver Lake

Proceeds Purpose
With this new round of financing, Coraid will expand global operations and accelerate innovation in storage and cloud orchestration.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
220 College Ave. 615
Athens, GA 30601
USA
Phone
Undisclosed
Email Address
Overview
Coraid redefines storage economics with its breakthrough line of EtherDrive storage solutions. EtherDrive delivers scale-out performance, Ethernet simplicity, and 5-8x price performance advantage over legacy storage.
Profile
Coraid LinkedIn Company Profile
Social Media
Coraid Company Twitter Account
Company News
Coraid News
Facebook
Coraid on Facebook
YouTube
Coraid on YouTube

Management Team

Title
Name
Email & Social
Founder
Brantley Coile
  Brantley Coile LinkedIn Profile  Brantley Coile Twitter Account  Brantley Coile News  Brantley Coile on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/2/2011: Ubicom venture capital transaction
Next: 11/3/2011: Uptivity venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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