Categories: Funding

Bitcasa Raises $7M in Series A

Bitcasa, a cloud storage company that integrates infinite storage, synchronization, backup and sharing across desktops and devices, today announced that it has raised $7 million in its Series A funding round, bringing total funding to $9 million.

Pelion Venture Partners, an existing investor, and Horizons Ventures, a new investor, led the round with the participation of Andreessen Horowitz, First Round Capital, CrunchFund and Samsung Ventures. Funds will be used to further accelerate the company’s impressive growth, shorten the time-to-market for future storage and data management offerings, and expand sales and marketing. The company’s service offering is now also officially open beta, and users can sign up at http:// Bitcasa is Com Bitcasa is www, com Twitter Twitter Com/bitcasa, www You facebook Com/Bbitcasa

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Bitcasa/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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