BackupAgent lands $2 million for cloud storage

BackupAgent lands $2 million for cloud storage

Summary: The Dutch company gets an infusion of money from Moscow.

TOPICS: Cloud, Start-Ups

Dutch startup BackupAgent announced today that it received a $2 million investment from Runa Capital in Moscow to develop its cloud storage platform.

In exchange, Runa took a minority stake in the company. (The Russian firm is best known for backing SWsoft, Parallels and Acronis.) Solid Ventures, an existing investor from the Netherlands, also participated in the financing round.

The deal gives the startup to Runa's contacts so that it may strengthen its "global market presence," the company said.

Its signature product is a browser-based portal that allows someone to manage multiple backups across cloud services and devices in company networks. It can handle large laptop/desktop environments as well as server farms with file and database servers and virtual environments, the company says.

It's intended for service providers, hosting providers and telcos looking for a backup service for their small- and medium-sized business customers. The company has more than 400 customers to date, including KPN in The Netherlands and Portugal Telecom.

Topics: Cloud, Start-Ups

Andrew Nusca

About Andrew Nusca

Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. During his tenure, he was the editor of SmartPlanet, ZDNet's sister site about innovation.

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