Deal Announcements

Axcient Adds Venture Capital Funding

Friday, January 11, 2013 5:55:00 AM PDT | VentureDeal

   Mountain View, California  --  Storage technology company Axcient has received $10.6 million in new venture capital investment, according to an SEC regulatory filing.

Axcient has developed a data protection service that makes online backup easy for small and medium-sized businesses.

Investors in the round were not disclosed.

Axcient is still seeking $3.3 million in additional financing, according to the filing.

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