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ACQUIRED COMPANY
 
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RainStor  Acquired by Teradata (2014  amount undisclosed )

45 Belden Place, 2nd Floor
San Francisco, CA 94104
USA
415-305-6544
Website Company Summary Management Team
Management

President/COO/Operations: Jamie Andrews (2008)
Technology: Kevin Crook (3/31/2008) ; Andy Ben-Dyke (2007)
Board

Outside board: (May no longer be on the board) Tim Danford (Storm Ventures Technology Partner)
Company

Business description: RainStor™ is a technology pioneer in online information preservation. The company’s specialized data repository significantly reduces the total cost of preserving information through extreme data compression, simplified data management, and near-perfect scalability on commodity hardware. RainStor enables partners to deliver online data retention solutions that reduce the cost and complexity of preserving information in the enterprise and the cloud. RainStor is the optimal data management and storage technology for application archiving, application retirement, SaaS Data Escrow™, and log and security event management solutions. RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. RainStor is the trading name of Clearpace Software Ltd. which is a venture-backed private company. The primary investors are Doughty Hanson and Dow Investments. Clearpace Software Ltd (RainStor™) is registered in England and Wales.
Capital

Rounds: 3
Recent Fundings: Oct 2012   Mar 2010
Capital raised: 19.5M
Last Round: 12.0M
Ownership: Acquired by Teradata (2014  amount undisclosed )
VCs include: Storm Ventures Credit Suisse ;  Doughty Hanson Technology Ventures ;  Rogers Venture Partners
Corporate investors: Dow Chemical

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Last Mentions


Overview
Record updated: Dec 2014
Sector: Software
Rounds: 3
Recent Fundings: Oct 2012   Mar 2010
Capital Raised: 19.5M
Last Round: 12.0M
Ownership: Acquired by Teradata (2014  amount undisclosed )