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