QuorumLabs Obtains $11,000,000 New Funding Round

  • Feed Type
  • Date
    3/6/2013
  • Company Name
    QuorumLabs
  • Mailing Address
    47200 Bayside Parkway Fremont, CA 94538
  • Company Description
    QuorumLabs onQ was engineered from the ground up to provide enterprise level business continuity without the complexity or cost of traditional solutions. onQ One-Click Recovery puts all of your applications and data back online within minutes of a storage, system or an entire site failure. Deploy onQ to meet your needs—locally for High Availability (HA), remotely for Disaster Recovery or both. onQ appliances are offered in a range of sizes to match your requirements and also as a service through our Managed Service Provider partners.
  • Website
    http://www.quorumlabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used primarily to expand the QuorumLabs product and service offerings, further develop the reseller channel, and continue the company’s growth in the U.S. and international markets.
  • M&A Terms
  • Venture Investor
    Airtek Capital Group
  • Venture Investor
    Undisclosed

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