Tech Company Financing Transactions
Coraid Funding Round
Coraid secured a $10 million Series A financing round on 1/25/2010. Investors included Allegis Capital, Azure Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
1/25/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Allegis Capital (Lara Druyan)
Azure Capital Partners (Paul Weinstein)
Proceeds Purpose
CORAID has invented a powerful new approach for storage, and I believe it will find strong adoption in some of the fastest-growing segments of the market.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
220 College Ave. 615
Athens, GA 30601
USA
Athens, GA 30601
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Brantley Coile
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