Storage Appliance Corporation – Clickfree Raises Funding from Intel Capital

Storage Appliance Corporation, a Richmond Hill, Ontario, Canada-based developer of patented automatic backup solutions, operating under the Clickfree™ brand, has raised funding from Intel Capital.
The company will use the new capital to continue to develop its technology as it expands its worldwide presence. 
This financing, which follows a recent venture round of $15m in August 2010, brings the total venture capital raised by Storage Appliance Corporation to date to over $33m.
Clickfree’s solutions, which are already available in 35 countries, provide consumers with a device to be plugged into the USB port on their PCs and Macs without installing or configuring software. Then, the company’s technology automatically searches for over 400 file types and back them up. McLeod, chief executive officer, Storage Appliance Corporation.

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