Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Seagate Technology said it will acquire online storage and backup company EVault, of Emeryville, for $185 million cash.

EVault was founded in 1997, and raised at least $16 million in venture capital since 2000 from the Business Engineering Science & Technology Discoveries Fund, Council Ventures; Jemison Investment, Massey Burch, River Cities Capital Funds and individuals.

(This story originally posted 12/21)

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.