Axcient Raises $20M To Help Companies Backup And Protect Data

Axcient, the hybrid cloud-based data backup, disaster recovery, and business continuity startup, has raised $20 million in Series D funding led by Scale Venture Partners and Thomvest Ventures with Peninsula Ventures and Allegis Capital participating. This brings the company's total funding to $53.5 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/FhYue7y83gU/

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