Coraid

  • Coraid Raises $50 Million For Next-Gen Elastic Data Storage

    Coraid Raises $50 Million For Next-Gen Elastic Data Storage

    Coraid, a developer of Ethernet SAN storage solutions, this morning announced that it has closed a sizable $50 million series C round led by Crosslink Capital. Coraid’s existing investors Menlo Ventures, Allegis Capital, Azure Capital Partners and affiliates of Silver Lake all participated in the round, as well as new investors including Seagate Technology and Kinetic Ventures. Read More

  • Data Storage Company Coraid Raises $25 Million Series B

    Coraid, a developer of Ethernet SAN storage solutions, this morning announced that it has closed a $25 million Series B funding round led by Menlo Ventures. All of Coraid’s Series A ($10 million) backers, including Allegis Capital and Azure Capital Partners, participated in this round. The reason why it’s interesting that Menlo Ventures led this sizeable financing round (sorry, Om)… Read More