September 7, 2010

Online backup for the cloud, Backupify, has raised $4.5m from some local area Venture Capital Firms.

I’ve been an interested observer of this company for some time now and, as more and more consumers and business users move their data into the cloud, this space becomes more and more interesting. Cloud accounts (Facebook, Twitter, Google Apps, etc.) can be safeguarded by Backupify’s use of Amazon’s S3 Cloud.

I see a bright future in the backup and archiving of social media and cloud apps. I’m sure there are investors everywhere looking to follow suit from the most recent Backupify venture capital investors.


Peter Zotto is the GM at <a href="">Price Intelligently</a>. Previously he was an analyst at OpenView where he helped to identify qualified investment opportunities.