Intronis raises $12M in funding

Thursday November 08, 2012

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Cloud Computing, Infrastructure, Storage, Security



Intronis, Inc., the leading provider of world-class cloud backup solutions for the IT channel, today announced the company received $12 million in funding led by new investor, Greenspring Associates, with participation from OpenView Venture Partners and the company’s executive management team.

Interim CEO Jay Bolgatz said Intronis will use the funding to hire additional associates, drive greater technology innovation and expand the company’s market reach in the U.S. and abroad. “This is a tremendous opportunity for Intronis to build on the success of our technology and further support our channel partners with the industry’s leading cloud backup and recovery solution and support,” explained Bolgatz.