RackTop Systems Raises $15M in Series A Funding

Funding Rounds

▤ Summary

RackTop Systems , a Fulton, Md.-based data storage and security company, raised $15m in Series A funding. The company intends to use the funds to accelerate near-term sales channel and product development expansion. Led by Eric Bednash, co-founder and CEO, RackTop provides a secure, high-performance Network-Attached Storage (NAS) platform with embedded access controls, encryption and compliance to optimize business operations, improve productivity, reduce cost and strengthen security. The flagship product, BrickStor, is an all-in-one data storage and management platform that protects sensitive data from cyber attacks while meeting internal and regulatory compliance requirements. It has been deployed worldwide to manage more than 50 petabytes of customer data in a variety of industries including: the public sector; media, advertising and entertainment; financial services; health care; and life sciences.

$ Funding

$
Amount $15.0M Total raised
□
Date March 4, 2019 Announcement date
◎
Investors - Lead investors
▥
Company http://www.racktopsystems.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Cybersecurity Data Storage Software Enterprise Software

▦ Linked Companies

RackTop Systems
$1M to $5M