ScaleArc Finds $20M From Bain Capital For Database Load Balancing
Santa Clara-based ScaleArc, which develops database load balancing software, has raised $20M in a Series C-1 financing. The funding was led by Bain Capital Ventures, and also included Accel Partners, Trinity Ventures, and Nexus Ventures. ScaleArc's CEO is Justin Barney. The company said the fund goes to growth, hiring, and sales and marketing.
posted on Wednesday, January 20, 2016 (Link to more information)
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