ArCycle Raises $0.6M in Series A Financing Round

ArCycle, a Larnaca, Cyprus-based virtualized storage backup and replication solutions company, raised $0.6M in Series A financing round.

The round was led by Altair Capital with participation from Almaz Capital.

The company intends to use the funds to grow the business.

Led by Max Melkov, CEO, ArCycle is a data protection startup that provides SMBs and enterprises with backup, replication, and disaster recovery solutions that are adapted specifically to virtualization environments. Products include a mix of proprietary virtualization-native technologies and proven data protection features.



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