Follow The Money: 10 Recent Tech VC Investments To Watch In August

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Basho Technologies

HQ: Cambridge, Mass.

CEO: Don Rippert
New Funding: $11.1 million
Round: F
Backers: Yahoo Japan Corp., Georgetown Partners, others

Basho in mid-July said it had entered a strategic relationship with IDC Frontier, a subsidiary of Yahoo Japan Corp., which took a $6.1 million stake in the company and will deploy Basho cloud storage and distributed database technology in its cloud platform. That came on the heels of a $5 million infusion from Georgetown Partners. Basho's products are the Riak NoSQL database and Riak CS cloud storage platform, the latter of which is a competitor to Amazon S3 and other cloud storage options. It's made some noise lately, not least for its 2011 hiring of longtime Accenture CTO Don Rippert as its new chief executive.


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