What Company Is Offering:
RainStor is a technology pioneer in online information preservation.
RainStor enables partners to deliver online data retention solutions that reduce the cost and complexity of preserving information in the enterprise and the cloud.
How Much It Got From VC Funding:
It has got $7.5 million in Series B round of VC funding from Storm Ventures and enterprise data integration software vendor, Informatica. Earlier investors also participated like Doughty Hanson Technology Ventures and The Dow Chemical Company in this round of VC funding.
With over $500 million under management, Storm Ventures focuses on seed and early stage information technology companies which best leverages our operational experience and global network. Our limited partners include many prominent financial institutions, as well as over a hundred senior executives who have had successful careers in technology companies.know more at:http://www.stormventures.com/
This VC have undertaken more than 118 investments with an aggregate acquisition value in excess of €28 billion. They employ over 50 investment professionals of 15 nationalities, located in offices in London, Frankfurt, Madrid, Milan, Munich, Paris and Stockholm.
We manage funds on behalf of leading investors from around the world. know more at:http://www.doughtyhanson.com/