Tech Company Financing Transactions

RainStor Funding Round

RainStor secured a $7.5 million Series B investment round on 3/10/2010. Investors included Storm Ventures, DH Private Equity Partners and Dow Venture Capital.

Transaction Overview

Company Name
Announced On
3/10/2010
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors

Storm Ventures (Lead Investor) (Timothy Danford)

DH Private Equity Partners (George Powlick)

Dow Venture Capital

Informatica

Proceeds Purpose
RainStor will use the funding to expand into new markets, grow its partner base, and invest in product development and R&D.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
321 Pacific Avenue 3rd Floor
San Francisco, CA 94111
USA
Email Address
Overview
RainStor is a technology pioneer in online information preservation. The company's specialized data repository significantly reduces the total cost of preserving information through extreme data compression, simplified data management, and near-perfect scalability on commodity hardware.
Profile
RainStor LinkedIn Company Profile
Social Media
RainStor Company Twitter Account
Company News
RainStor News
Facebook
RainStor on Facebook
YouTube
RainStor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Bantleman
  John Bantleman LinkedIn Profile  John Bantleman Twitter Account  John Bantleman News  John Bantleman on Facebook
Chief Technical Officer
Andy Ben-Dyke
  Andy Ben-Dyke LinkedIn Profile  Andy Ben-Dyke Twitter Account  Andy Ben-Dyke News  Andy Ben-Dyke on Facebook
VP - Product Management
Kevin Crook
  Kevin Crook LinkedIn Profile  Kevin Crook Twitter Account  Kevin Crook News  Kevin Crook on Facebook
VP - Sales
Anthony Brooks-Williams
  Anthony Brooks-Williams LinkedIn Profile  Anthony Brooks-Williams Twitter Account  Anthony Brooks-Williams News  Anthony Brooks-Williams on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/10/2010: Apprion venture capital transaction
Next: 3/10/2010: Eureka Genomics venture capital transaction

 

Share this article

 


About Database of VC Transactions

We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary