Datacastle Raises $3M More to Provide Data Backup and Security

Funding Rounds

Summary

Seattle-based Datacastle, the data backup and recovery software firm, has closed a $3 million funding round, according to CEO and president Ron Faith. Datacastle’s software helps companies and other organizations cheaply and efficiently protect their data on personal computers against damage, loss, and theft. Faith calls himself a “member in good standing in the ‘Qpass mafia.’” (He previously held senior leadership positions in sales, business development, and product management during more than eight years at the Seattle mobile commerce firm.) He joined Datacastle as CEO last year, succeeding founder Gary Sumner, who is the company’s chief technology officer. Datacastle was founded in 2005 and most recently raised a $5.3 million Series A round led by CM Capital, about a year ago.

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Amount $3.0M Total raised
Date November 24, 2009 Announcement date
Investors CM Capital Lead investors
Company http://www.datacastlered.com Funded company

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Content Marketing Software SaaS Web Analytics

Linked Companies

Shareaholic
$1M to $5M
Datacastle
$1M to $5M