nScaled, a San Francisco, CA-based provider of cloud-based Recovery-as-a-Service (RaaS) solutions, has completed a $7m Series A financing.
Backers include Almaz Capital and Doughty Hanson Technology Ventures, as well as Silicon Valley angel investors.
The company intends to use the funding to expand its global network of data centers and new software development, as well as sales and marketing efforts.
Led by CEO Mark Hadfield, nScaled provides mid-size companies worldwide with zero tolerance for data loss or downtime with a Recovery-as-a-Service (RaaS) for disaster recovery, business continuity, backup and archiving.
Customers include banks, law firms, hospitals, manufacturers, retailers, universities. All services are based on a global network of remote cloud data centers plus on-premises local cloud appliance, all managed as one infrastructure.
nScaled also operates offices in London.
The company recently announced the availability of free accounts designed to provide prospective customers with a fast and easy way to discover Cloud-based disaster recovery, backup and archiving capabilities for their VMware data centers.
FinSMEs
22/02/2012