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
Red 5 Studios wants to bring Web 2.0 to games — raises $18.5M
Red 5 Studios, a new start-up formed by the team that built popular online game World of Warcraft (WoW), has raised $18.5 million in venture capital to create online games that integrate more social networking aspects from the outset.
The funding comes from Benchmark and Sierra Ventures. Red 5 Studios is based in Aliso Viejo (southern California), not far from the team’s former employer, World of Warcraft’s parent Blizzard. The new company is led by Mark… Continue Reading