Coraid closes Series C
Paul Miller- Thursday, November 3, 2011
- Join the Discussion
Coraid, a provider of scalable storage solutions, has closed a $50 million Series C investment round. Barb Darrow writes for GigaOM, “Upstart storage companies [like Coraid] pushing cheap hardware while charging for their own special-sauce software pretty much set the agenda now. Legacy storage giants can no longer afford to ignore this trend.” Indeed. Which begs the question of whether or not Coraid is a target for acquisition. Rip Empson at TechCrunch would appear to think so.
