Unitrends Secures $3M Financing
Summary
Unitrends, a Columbia, SC-based provider of backup appliances, has secured a $3.0m financing from MMV Financial., a Columbia, SC-based provider of backup appliances, has secured a $3.0mfrom MMV Financial.As stated by Tim Wallick, CFO of the company “this funding will enable Unitrends to accelerate its investments in R&D, marketing, and sales”.Unitrends’ disaster recovery solutions, which are currently deployed to more than 1,500 customers, primarily in the U.S., offer scalable disk-based backup appliances that integrate and protect existing heterogeneous computer and storage systems through a single graphical user interface.It provides protection for over 100 different versions of operating systems and applications.
Funding
Amount
$3.0M
Total raised
Date
June 22, 2010
Announcement date
Investors
Unitrends
Lead investors
Company
http://www.unitrends.com/
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Backup and Recovery Software
Cloud Backup Solutions
Disaster Recovery Software
Linked Companies
Unitrends
$10M to $25M