AAA Intel finds room for Storage Appliance

Intel finds room for Storage Appliance

Intel Capital, the corporate venturing unit of US-listed semiconductor company Intel, has invested a reported $3m in Storage Appliance, a Canada-based maker of the Clickfree automatic backup software.

Storage Appliance raised $15m in August for its series C round from local venture capital firm Tandem Expansion Fund and $10m in April 2009 from VC peer Jefferson & Partners.

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