Backupify Adds $4.5M

Cambridge, MA-based Backupify, an online data management startup, said today it has raised $4.5 million in Series A financing led by Avalon Ventures and General Catalyst. Lowercase Capital and First Round Capital also participated in the round. Backupify helps consumers and companies securely back up their data online, and is increasingly focused on providing software as a service to help corporate customers manage and control data across applications like Gmail, Google Docs, Facebook, and Twitter. The startup previously raised $900,000 in seed financing from First Round Capital, General Catalyst, Betaworks, and individual investors. Backupify is led by CEO Rob May, who co-founded the company in Louisville, KY, in 2008.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.