Wednesday
Feb092011
Basho Raises $7.5M Round
Wednesday, February 9, 2011 at 9:29AM |
Derek Stainer Fresh off the news of the Membase and CouchOne merger. Details have emerged that Basho Technologies, creator of Riak, have closed half of what is a 7.5 million dollar round. The investment is being made by both Georgetown Partners, as well as, Danish systems integrator Trifork AS. In addition to being part of the financing TriFork will become Basho's European distributor of Riak. The other half (approximately 4 million dollars) is expected to close within the next 90 days. With the additional funds Basho expects to expand their marketing and sales teams.


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