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Coraid, Inc. 255 Shoreline Drive, Suite 650 94065 Redwood City, CA, United States http://www.coraid.com/
Contact Ms Federica Monsone +44 1252 875203
Company logo of Coraid, Inc.
Coraid, Inc.

Coraid raises $50 Million, reaches 1,500 customers worldwide

Crosslink Capital Leads Investment to Accelerate Worldwide Adoption of Ethernet SAN

(PresseBox) (London, UK, )
Coraid® Inc., a leading developer of Ethernet SAN solutions, today announced that it has closed a $50 million investment round led by Crosslink Capital, with participation from existing investors Menlo Ventures, Allegis Capital, Azure Capital Partners, and affiliates of Silver Lake, as well as new investors including Seagate Technology and Kinetic Ventures. The company also announced that it has surpassed 1,500 customers in 45 countries, marking Coraid as one of the fastest-growing vendors in the enterprise data storage industry. With this new round of financing, Coraid will expand global operations and accelerate innovation in storage and cloud orchestration.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.