Infrascale Closes $16.3 Million Series B Funding …

Infrascale, Inc., in cloud-based data protection solutions, has received $16.3 million in its Series B round of funding, led by new investor Carrick Capital Partners.

The investment will support the company’s growth, accelerating its go-to-market strategy and allowing Infrascale to expand its product line through the acquisition of Eversync Solutions.

The cloud backup and recovery market exceeded $2 billion in 2013 (Source: IDC), and the Eversync acquisition bolsters Infrascale’s ability to pursue this market.
 
Joining existing angel investors Dan Gregerson and Randy Smerik, Marc McMorris, co-founder and MD of Carrick Capital Partners, will be involved as an active member of Infrascale’s board, and Steve Unterberger, CTO of Carrick Capital Partners, will serve as a board observer.
 
Carrick’s investment in Infrascale is consistent with the firm’s focus on scaling growing technology-enabled services and software-as-a-service businesses.

“Trends in BYOD and the increasing number of remote and mobile workers create a long-term market opportunity that will continue to unfold over the next ten or more years as companies evolve in the way they procure and use technology,” said McMorris. “Infrascale’s ability to deploy in a private, public or on-premises environment and the superior security of its architecture are a unique combination that makes it the preeminent company in its category. We believe Infrascale is well positioned to take advantage of this growing market.“
 
Infrascale has built a cloud-native platform that securely provides backup, DR and archiving from a single pane of glass, anywhere and on any connected device.

The new funding, which was advised by DH Capital, will help Infrascale acquire Eversync, which expands the company’s data protection offering by extending compatibility to include the most widely used OSs.
 
“We see a lot of competitive noise in the backup and disaster-recovery markets, but many vendors disappoint because they aren’t secure or robust enough for the enterprise,” said Ken Shaw Jr., founder and CEO, Infrascale. “Infrascale was purpose-built as a complete data protection solution that can accommodate any computing environment, including servers and endpoint devices.”
 
Headquartered in El Segundo, CA, Infrascale’s cloud platform runs from 11 data centers on five continents. It platform powers over 1,000 independent cloud service companies, VARs and MSPs.