Infrascale Secures $16,300,000 Series B Funding

  • Feed Type
  • Date
    6/6/2014
  • Company Name
    Infrascale
  • Mailing Address
    999 N. Sepulveda Blvd. El Segundo, CA 90245 USA
  • Company Description
    Infrascale provides the industry’s most complete cloud platform for data protection. Infrascale’s platform delivers cloud backup and archive, disaster recovery, and file sharing with military-grade security.
  • Website
    http://www.infrascale.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,300,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company intends to use the funds to grow, accelerate its go-to-market strategy and expand its product line through the strategic acquisition of Eversync Solutions, which expands the company’s data protection offering by extending compatibility to include the most widely used operating systems.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor