Category: News

Samsung Ventures invests in Cloudant, adds to its Portfolio of Leading Mobile Service Solution and Data Network Companies

Samsung Venture Investment Corporation (Samsung Ventures) has made a strategic investment in Cloudant, a leading provider of a globally distributed database-as-a-service (DBaaS). Cloudant is privately held business headquartered in Boston, and is backed by top-tier investors including Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corporation, and Y Combinator. The funding will be used to advance research…