Unitrends Secures $3M Financing

Unitrends receives $3.0 MM in financing Unitrends, a Columbia, SC-based provider of backup appliances, has secured a $3.0m financing from MMV Financial.
As stated by Tim Wallick, CFO of the company “this funding will enable Unitrends to accelerate its investments in R&D, marketing, and sales”.
Unitrends’ disaster recovery solutions, which are currently deployed to more than 1,500 customers, primarily in the U.S., offer scalable disk-based backup appliances that integrate and protect existing heterogeneous computer and storage systems through a single graphical user interface. It provides protection for over 100 different versions of operating systems and applications.

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