0
Broadband

Axcient raises USD 20 mln in Series D funding

Friday 18 January 2013 | 21:21 CET | News
Hybrid cloud-based data backup, disaster recovery and business continuity startup, Axcient has announced it has raised USD 20 million in Series D funding led by Scale Venture Partners and Thomvest Ventures with Peninsula Venture and Allegis Capital participating, according to TechCrunch. This brings the company's total investment funding to USD 53.5 million. The new funding will be used to hire 50+ people in engineering, sales and marketing in 2013, the article said.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Cellrox receives USD 4.7 mln in Series A financing

Published 22 Jan 2013 16:07 CET | Israel
Provider of BYOD multi-persona services for mobile devices, Cellrox has announced the completion of Series A financing led by ...

Telcentris receives USD 5.3 mln in funding

Published 18 Jan 2013 14:48 CET | United States
Telcentris, maker of unified communications app VoxOx, has announced it has raised USD 5.3 million in its first institutional ...

AppGratis raises EUR 10 million for international expansion

Published 18 Jan 2013 10:46 CET | France
French mobile marketing company AppGratis has raised EUR 10 million in investment, half by selling a minority stake to Orange ...

Keek raises new funding worth USD 18 million

Published 18 Jan 2013 10:33 CET | World
Social video networking platform Keek has closed USD 18 million in new funding, boost total funding to date to USD 30 million. ...





>25,000,000
postpaid Sims Telekom Deutschland
Germany  |  2016 Q4

Calendar   /   Industry Events

28 Apr Tecnotree Q1 2017
28 Apr Eir fiscal Q3
28 Apr Inwit Q1 2017
28 Apr LG Q1 2017
28 Apr Sony FY results
28 Apr Smart City Conference & Exhibition
01 May Broadsoft Q1 2017
01 May SBA Q1 2017
01 May Harmonic Q1 2017
02 May Symantec fiscal Q4
02 May Net Insight Q1 2017
02 May Megacable Q1 2017
02 May Akamai Technologies Q1 2017
02 May Frontier Communications Q1 2017
02 May Twilio Q1 2017
02 May Viavi fiscal Q3
02 May Inphi Q1 2017
02 May Otelco Q1 2017
02 May Charter Communications Q1 2017
02 May Loyalty Expo 2017
03 May CyrusOne Q1 2017
03 May NXP Semiconductors Q1 2017
03 May Tivo Q1 2017
03 May Fitbit Q1 2017
03 May Oclaro fiscal Q3
03 May Extreme Networks fiscal Q3
03 May Smith Micro Q1 2017
03 May iPass Q1 2017
03 May Glu Q1 2017
03 May Facebook Q1 2017
::: More Calendar Items