Backupify Adds $4.5M
Cambridge, MA-based Backupify, an online data management startup, said today it has raised $4.5 million in Series A financing led by Avalon Ventures and General Catalyst. Lowercase Capital and First Round Capital also participated in the round. Backupify helps consumers and companies securely back up their data online, and is increasingly focused on providing software as a service to help corporate customers manage and control data across applications like Gmail, Google Docs, Facebook, and Twitter. The startup previously raised $900,000 in seed financing from First Round Capital, General Catalyst, Betaworks, and individual investors. Backupify is led by CEO Rob May, who co-founded the company in Louisville, KY, in 2008.