Coraid, a developer of Ethernet SAN storage solutions, this morning announced that it has closed a sizable $50 million series C round led by Crosslink Capital. Coraid's existing investors Menlo Ventures, Allegis Capital, Azure Capital Partners and affiliates of Silver Lake all participated in the round, as well as new investors including Seagate Technology and Kinetic Ventures.Source: http://feedproxy.google.com/~r/Techcrunch/~3/9EkOp3Qsucw/
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