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Schooner Information Technology Raises $20 Million in Second-Round Funding to Fuel Worldwide Distribution of Groundbreaking Data Access Appliances.

Publication: Business Wire
Publication Date: 27-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Schooner Information Technology Raises $20 Million in Second-Round Funding to Fuel Worldwide Distribution of Groundbreaking Data Access Appliances.(Company overview)

Article Excerpt
Funding Comes After Initial Success Supplying Schooner Appliances to Information-Intensive Web 2.0 and Cloud Computing Datacenters

MENLO PARK, Calif. -- Schooner Information Technology, Inc., a provider of data access appliances for information-intensive Web 2.0 and cloud computing datacenters, today announced it has secured $20 million in Series B financing. The funding round, led by Menlo Ventures, will allow Schooner to further develop its datacenter technology and expand its worldwide distribution activities to meet market demand. Series A investors CMEA Capital and...



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