QuorumLabs Obtains $11,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48a9daa1-e164-4956-846a-71afb229f202&Preview=1 - Date
3/6/2013 - Company Name
QuorumLabs - Mailing Address
47200 Bayside Parkway Fremont, CA 94538 - Company Description
QuorumLabs onQ was engineered from the ground up to provide enterprise level business continuity without the complexity or cost of traditional solutions. onQ One-Click Recovery puts all of your applications and data back online within minutes of a storage, system or an entire site failure. Deploy onQ to meet your needs—locally for High Availability (HA), remotely for Disaster Recovery or both. onQ appliances are offered in a range of sizes to match your requirements and also as a service through our Managed Service Provider partners. - Website
http://www.quorumlabs.com - Transaction Type
Venture Equity - Transaction Amount
$11,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The funds will be used primarily to expand the QuorumLabs product and service offerings, further develop the reseller channel, and continue the company’s growth in the U.S. and international markets. - M&A Terms
- Venture Investor
Airtek Capital Group - Venture Investor
Undisclosed
