Data security is no longer just a problem for big businesses — with the proliferation of tablets, cheap computers, and smartphones, families also need a way to protect their data and devices.
“So many people that have given up the concept of a photo collection,” he says. “Faces, places, and things are important ways to automatically categorize photos. And they keep getting smarter every day.”
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.
Slowly but surely, HTC is building up its software expertise. The smartphone maker announced this morning that it has acquired Seattle-based Dashwire, creator of a mobile backup and synchronization service for smartphones, for $18.5 million.
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.