Axcient adds $2 million for data backup and recovery services
Axcient, a San Jose, Calif. provider of data backup devices and services, says it brought in $2 million more to bring its first round of funding to $8 million. It raised the first $6 million in September from Allegis Capital and Peninsula Ventures among others.
Based in Mountain View, Calif., the company will use its new funds to add more features to its products. It says its userbase has grown more than expected in the last… Continue Reading
Axcient lands $6M to back up data
Axcient, a San Jose, Calif. provider of data backup devices and services, says it brought in $6 million in a first round of funding from Allegis Capital and Peninsula Ventures. Its offerings can also aid in data recovery, both remotely and on-site.
The round remains open, and the company says it may raise more capital to last it through 2011. It plans to add more services to its growing portfolio. For now, it only has a… Continue Reading