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Caringo Receives Funding From Vodafone Ventures, Austin Ventures

Caringo announces that Vodafone Ventures has made a private equity investment in Caringo, joining Austin Ventures in funding the company for its future stages of development.

"Our investment in Caringo is well aligned with Vodafone Ventures' strategy to invest in high-growth technology companies that present real commercial opportunities for Vodafone's core business", said Peters Suh, President of Vodafone Ventures. "We believe Caringo has the potential to deliver significant storage cost efficiencies to Vodafone and is uniquely positioned in terms of value and performance."



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