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Venture Capital News: SageCloud Raises $3.2M

2012-08-06
MARBLEHEAD, MA, Startup headed by Jeff Flowers, the previous chief architect of online data backup services provider Carbonite, has raised $3.2 million in financing.
SageCloud, a stealth startup headed by Jeff Flowers, the previous chief architect of online data backup services provider Carbonite, has raised $3.2 million in financing, according to a new SEC filing by the company. David Friend, also a co-founder of Carbonite, is listed on the filing. Nine separate investors participated in the offering.

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