AVentures Capital Made $500,000 Investment to Deliver Cloud Data Protection Technology
Summary
A large number of Spinbackup customers are small and medium-sized companies, as well as educational institutions such as the University of Tokyo, Gurnick Academy of Medical Arts, Sensys Gatso, and others.At Spinbackup, they recognize the human factor as the main security threat and offer modern automated backup with full functionality for monitoring the use of information stored in the cloud.Andrey Kolodyuk, Founder & Managing Partner of AVentures Capital, commented: “We are confident that our strategic partnership will enable Spinbackup to deliver to market and popularize the progressive cloud data protection approaches.We made a $500 000 lead investment in the project to empower this top vendor with its extensive expertise and proven best practices to design and implement single pane of glass cloud cybersecurity and backup solutions at global business community.” Dmitry Dontsov, CEO and Founder of Spinbackup, said: “The revolutionary approach of Spinbackup is to change the paradigm of data security through delivering an innovative SaaS Data Protection Technology.A large number of Spinbackup customers are small and medium-sized companies, as well as educational institutions such as the University of Tokyo, Gurnick Academy of Medical Arts, Sensys Gatso, and others.Data loss and leakage due to a human error and ransomware in the cloud have become the most critical security issues of the decade.