Quorum Raises $11M in Series B Funding

Quorum, a San Jose, CA-based provider of a backup, recovery and continuity solution for small to mid-sized businesses, raised $11m in Series B funding.

The round was led by new investor Toba Capital, with participation from existing investor Airtek Capital Group.

The company intends to use the capital to expand sales and marketing efforts, hire additional engineers (read here) to extend its product portfolio.

Led by Larry Lang, CEO, Quorum provides small to mid-sized businesses with hybrid cloud and appliance backup, recovery and continuity solutions to recover disasters within minutes. It also offers automatic and on-demand testing at no additional cost.

FinSMEs

05/03/2013

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