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TwinStrata Closes $5.7M

2011-08-22
Cloud storage and backup company has taken in $5.7 million of a planned $8.7 million funding round, according to SEC filings.
NATICK, MA, TwinStrata Inc., a cloud storage and backup company, has taken in $5.7 million of a planned $8.7 million funding round, according to SEC filings.

The new funding brings the total raised by TwinStrata to approximately $16 million over five rounds since it was founded in 2007. The the filing with the SEC lists 27 backers in the new round.

TwinStrata is an innovator in enterprise-class data storage, data protection and disaster recovery/business continuity solutions using cloud storage. With TwinStrata CloudArray, companies of all sizes can simply and economically leverage the scalability and efficiency of cloud storage while maintaining the availability, performance and security of local storage.

CloudArray software and hardware solutions support all file and operating systems, and deliver substantial advantages over traditional off-site storage solutions, including a pay-as-you-go model, unlimited elastic capacity, local performance, in-cloud snapshots and disaster recovery, dynamic caching, automated policies, AES256 encryption, and continuous access to data.

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