Cloudant Raises $12 Mln

Cloudant closed a $12 million Series B funding round from Devonshire Investors, Rackspace Hosting and Toba Capital. Current investors including Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corp. also purchased additional shares. Boston-based Cloudant is a provider of distributed database-as-a-service.

14 May 2013•3 mins read
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