Code 42 Software raises $52.5M to raise profile for online backup

Code 42 Software has been growing quietly in the background, providing online backup for consumers and enterprises. But after a decade of growth, it’s ready to raise its sales and marketing profile. So the company is announcing today it has raised $52.5 million from Accel Partners and Split Rock Partners.

Backupify raises $4.5M to save your social media shenanigans

Cloud storage provider Backupify, which specializes in backing up data from social media services like Twitter and Facebook announced Tuesday that it raised $4.5 million in its first round of fundraising led by Avalon Ventures and General Catalyst Partners.