Backupify Secures $5M in Series B Funding

Published On September 8, 2011 |

Backupify, a Cambridge, Massachusetts-based provider of data protection and management services for cloud-based applications, has secured $5m in Series B funding.

The round was led by Avalon Ventures, with participation from General Catalyst and Lowercase Capital.

In combination with Series A (read here) and seed funding (read here), the company has now raised $10.4m.

Backupify intends to use the funds to further develop its backup solution for the full Google Apps suite, while expanding product functionality and launching new services for other cloud management solutions and tools.

In conjunction with the funding, Brady Bohrmann, Managing Director of Avalon Ventures, will join the company’s Board of Directors.

Founded in 2008 and led by CEO Rob May, Backupify is a backup provider for cloud-based data protection, offering an all-in-one archiving, search and restore solution for online services including Google Apps, Facebook, Twitter, Gmail, Flickr and others.

FinSMEs

08/09/2011

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