Spare Backup raising $1.5 million round for small business computer backup

Spare Backup raising $1.5 million round for small business computer backup

Spare Backup is raising a $1.5 million round to fund its automated remote computer backup business.

The Palm Desert, Calif., company has raised $745,000 already, VentureBeat has learned. Investors include Cery B. Perle, Edward L. Hagan, and Richard Galterio.

The company makes it easy for small businesses to backup their computer data in an automated fashion. That’s a crowded market, with players such as Carbonite.com. Spare Backup charges monthly subscriptions starting at $6.99 a month.

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Carbonite, online backup service for consumers, raises $5.2M more

Carbonite, a Boston company that offers an PC backup service for consumers, has raised $5.2 million more to add to its second round of financing.
The latest money round was led by investor Four Rivers Partners, and included investors 3i Group, Common Angels and Menlo Ventures, according to VentureWire, which reported the news based on a regulatory filing.

A filing from the Securities and Exchange Commission detailing the tranche lists Four Rivers Partners as an investor. Four… Continue Reading

Carbonite, online backup company, raises $15M

Carbonite, a Boston, Mass. company that offers an easy online backup service to consumers and small businesses, has raised $15 million more in a second round of financing.

The round was led by Menlo Ventures, and included 3i Group and Common Angels.

Carbonite appears to have some momentum because of the simplicity of its plan. People pay $50 a year for unlimited backup. That’s pretty competitive. It’s easy to use: You sign up on the website and… Continue Reading

Carbonite raises $3.5 million more for PC backup over Internet

Carbonite, a Boston company, that provides a way to back up your PC over the Internet, raised $3.5 million more in venture backing from 3i and Common Angels.

This is a very competitive sector.

But Carbonite is a useful product, so see below for full press release, sent to VentureBeat yesterday:

Carbonite, Inc., the leading provider of simple, inexpensive, automatic PC backup over the Internet, today announced the close of its Series A, phase 2 investment round. Venture… Continue Reading