AAA Symantec takes Backupify to $9m

Symantec takes Backupify to $9m

Symantec has helped Backupify, which backs up cloud data, raise $9m in series C funding.

Symantec was joined in the round by venture firms Avalon Ventures, General Catalyst Partners and Lowercase Capital.

Backupify has now raised $19.5m.

Anthony Woolf, senior director, corporate development, Symantec, said: “As more data is stored in cloud-based services, the threats to that data posed by user error, corruption and hacking also increase. Maintaining a secure second copy of cloud-based data can mitigate each of these risks. We support Backupify’s efforts to help consumers and businesses protect the data they create in cloud applications.”

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