Bitcasa Raises $7M For Online Storage Service
Mountain View-based Bitcasa, the provider of a cloud-based, storage service, said today that it has raised $7M in a Series A funding round. The round came from Pelion Venture Partners, Horizons Ventures, and Andreessen Horowitz, First Round Capital, CrunchFund, and Samsung Ventures. Bitcasa's storage service uses client-side encryption, compression, an deduplication to enable users to store what the firm says is an "infinite" amount of data to the cloud. Bitcasa is led by Tony Gauda, and its founders include former Mozy and Mastercard employees.
posted on Wednesday, June 20, 2012 (Link to more information)
Related companies:
Bitcasa
Related stories:
> Bitcasa Finds $11M In More Series A Funds
> Google Drops Storage Pricing
> Box Raises $150M Ahead Of IPO
> CX Acquires FileDen
> Parascale Raises $11.37M
silicontap.com Home