Wednesday, July 11, 2012

Symantec Gives Cloud Backup A Boost, Goes In On Backupify?s $9 Million Series C

Backupify PictureBackupify, the startup providing backup, search and restore solutions for online services like Google Apps, Salesforce, Facebook and Twitter, is announcing today that it's secured $9 million in Series C funding from existing investors Avalon Ventures, General Catalyst, and Lowercase Capital, as well as from new strategic investor Symantec Corp., a security solution provider. Backupify CEO?Rob May?said he couldn't comment on what the involvement with Symantec means, or discuss how much they went in for on the round, but described the relationship as "new and young," with more announcements to follow.


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