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Thursday, September 08, 2011

SOS Online Backup Secures $3 Million Series A Round

sosSOS Online Backup, a company that markets cloud-based data backup and protection solutions, has raised $3 million in Series A funding from Splashfond Investors. The financing round brings the total of capital raised by the company, which is obviously operating in a saturated market of online backup solutions, to $10 million since its inception in 2006. SOS Online Backup, which competes with the likes of Carbonite, Mozy and Nomadesk, says it currently boasts more than 500,000 users.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6EG8Gm3eRX0/

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