June 18, 2013 09:00 ET Releases DataProtect 4.0, Achieves 243% Customer Growth, and Closes Round B Funding

Cloud Backup and Disaster Recovery (DR) Come of Age With Enterprise-Grade Features and Speed, Eclipsing Other Local Backup Options Such as Software and Appliances

SUNNYVALE, CA--(Marketwired - Jun 18, 2013) - today announced the general availability of DataProtect™ 4.0, an enterprise-grade cloud backup and disaster recovery solution for small and medium enterprises (SMEs), remote/branch offices, and managed service providers (MSPs). In addition, the company has achieved significant momentum with a customer base that increased year-over-year by 243 percent, and Series B funding of $8 million for continued expansion and growth. DataProtect delivers 3-in-1 enterprise-grade data protection that includes local software, cloud backup, archiving and disaster recovery functionality. Unlike other solutions, DataProtect is cloud-native, specifically designed for the Internet with built-in WAN traffic optimization and 10 patent-pending cloud performance acceleration technologies. The result is lightening fast speed that is often faster than local backup. Coupled with enterprise-grade data centers and security levels, delivers a high-performing, appliance-free solution that is being rapidly adopted by organizations looking to replace older, complex backup systems with an easy-to-deploy and cost-effective alternative.

New features of DataProtect 4.0 include:

  • Advanced WAN Traffic Optimization - 200 percent faster than DataProtect 3.0, and 396 percent faster backup speed than performance-tested competitors; this enables users to backup in minutes versus hours, or even days, and recover multiple TBs of data within a 24-hour period.
  • Local Backup Functionality for all data sets - users can recover larger or more critical data faster with the ability to keep it locally on any existing storage device.
  • Redesigned User Interface - delivers greater ease of use, both locally at the server and in the cloud; configuration wizards automate and simplify server backup jobs, with built-in server type-specific backup configuration checklists.
  • Enhanced Exchange Server Backup Plug-in - now includes support for a range of complex Exchange server configurations. Receives $8 million in Series B Funding also announced today that it has secured $8 million in Series B funding, led by Industry Ventures, with the participation of existing investors Foundation Capital and Sigma. The company will continue to invest in research and product development to maintain its lead in cloud-native backup and disaster recovery technology. It will also build on's rapidly growing MSP and channel program, and expand its sales and marketing efforts. The additional $8 million brings the company's total backing to $39.5 million.

"The adoption of cloud backup has typically been held back by such barriers as ineffective Web performance or security concerns," said Ken Wallace, managing director of Industry Ventures. " virtually eliminates these barriers with an elegant solution that offers enterprise-grade performance, security and reliability, marking a true coming-of-age for cloud backup. and its native cloud approach is well ahead of the curve, with its roots in the optimization of Internet-based communications and speed of data transfer."

"There is no better proof of success than that demonstrated by customer growth," said Greg Gretsch, managing director, Sigma West. " continues to impress with its rapid rate of both customer adoption and retention, meaning it is effectively addressing the market's need for affordable, enterprise-grade cloud backup and disaster recovery."

"With millions of files increasing exponentially, growing data sets, and distributed business environments, old-school backup technologies like tape, software, appliances and consumer-grade clouds are increasingly struggling to keep up with backup requirements and can pose management nightmares," said Ashmeet Sidana, general partner, Foundation Capital. "'s solution delivers a very effective alternative to traditional, often cumbersome backup systems at an affordable price that makes enterprise-grade backup and disaster recovery accessible to any size company."

"The significant customer growth we have achieved, combined with our Series B funding, is a testament to the value is bringing to market as well as the positive direction that cloud backup is headed," said Ali Jenab, CEO, "We're very pleased to partner with Industry Ventures, along with our existing partners Foundation Capital and Sigma, as we bolster our research and development, channel, marketing and sales initiatives to scale up to the next stage of growth. We're committed to continued innovation as we build on our enterprise-grade backup and disaster recovery solution for SMEs, remote and branch offices, and MSPs."

Pricing and Availability of DataProtect 4.0 DataProtect 4.0 is generally available now, starting at $225 per month. This includes unlimited backup and recovery software, 500GBs of enterprise-grade secure cloud storage, 24x7 unlimited U.S.-based engineer-level support and monitoring, and all maintenance, updates and upgrades. For more information visit

About is an award-winning provider of enterprise-grade 3-in-1 backup, disaster recovery and archiving technology for small and medium enterprises, distributed organizations, and managed service providers (MSPs). The SaaS-based solution enables companies to simplify backups and instantly recover data through a single management point. With local and offsite backup, archiving and disaster recovery functionality integrated into one solution, delivers the value of multiple products at a fraction of the cost.

Headquartered in Sunnyvale, Calif., was established in 2008 by successful serial entrepreneurs and technology executives from companies such as Netscape, VeriSign, Symantec, EMC, HP, and Shutterfly. For more information, visit or Follow on Twitter at

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Tags: cloud server backup, disaster recovery, offsite backup, online backup, cloud backup, remote backup, server backup, data protection, archiving

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