Tech Company Financing Transactions

RainStor Funding Round

Credit Suisse, DH Private Equity Partners and Dow Venture Capital participated in a $12 million Series C capital raise for RainStor. The funding round was announced by the company on 10/4/2012.

Transaction Overview

Company Name
RainStor
Announced On
10/4/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors

Credit Suisse

DH Private Equity Partners (George Powlick)

Dow Venture Capital

Rogers Ventures

Storm Ventures (Timothy Danford)

Proceeds Purpose
The new funding will be used to accelerate engineering, expand a world-class team across direct and indirect sales and marketing to maintain Big Data market leadership serving financial services, government, communications and other sectors driving the Big Data wave.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
321 Pacific Avenue 3rd Floor
San Francisco, CA 94111
USA
Phone
415-402-0110
Website
www.rainstor.com
Email Address
[email protected]
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: 10/4/2012: Clear Energy Systems venture capital transaction
Next: 10/4/2012: SoloPower 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

 

Copyright © 2001-2025. Gaebler Ventures. All rights reserved.