Backupify, a Louisville, Ky.-based online data backup and storage provider for businesses, has closed a $900,000 seed round of funding.
The company, which launched in June 2009 with a sole focus on the consumer market, will use the funds to create an automated solution for business customers to back up their enterprise data that already resides in the cloud.
The round was led by First Round Capital, with participation from General Catalyst Partners, Betaworks and individual investors Chris Sacca, Jason Calacanis, Andy Swan and Bob Saunders.
In conjunction with the funding, Charlie O’Donnell from First Round will sit on the board of directors. Josh Kopelman from First Round and David Orfao from General Catalyst Partners will join the company’s board as observers.
Backupify had previously raised an angel round from Dharmesh Shah, CTO of Hubspot; Sean O’Leary and Sterling Lapinski, Co-Founders of Genscape; and Vik Chadha, Co-Founder of Glowtouch.
FinSMEs
16/02/2010