Wednesday, January 20, 2016

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. More information »