Oodrive to Acquire Active Circle?
French storage deal
This is a Press Release edited by StorageNewsletter.com on August 5, 2014 at 2:46 pm“Oodrive acquires Active Circle“, according to an email from Philippe Nicolas, product strategy, Scality, who is a veteran of the storage industry and generally well informed.
He added that Oodrive, rather on client part, will get from Active Circle, another French storage start-up, a backend and an installed base in media, scientific and technical markets.
Founded by former Quadratec/Atempo employees including president CEO Fabrice de Salaberry in 2002, Active Circle, with HQs in Jouy-en-Josas and R&D in Vannes, got a total of $15 million in financial funding. It offers a software-based solution for storing, preserving and accessing large volumes of files, able to leverage any storage technology or vendor, providing storage virtualization on disk and tape, and scaling from small to multi-petabyte environments.
Located in Paris, Oodrive, a storage provider with a SaaS platform, was born in 2000 and got at least $16 million from several investors. It was founded by CEO Stanislas de Rémur, sales director Edouard de Rémur and sales director, VSB and SMB business unit Cédric Mermilliod. It develops applications for general consumers through partnerships with European players in distribution, such as Fnac, Darty, Auchan, Orange, NordNet, The Phone House and the MAAF. For each brand name, Oodrive develops specific remote backup, and online file storage and file sharing services, offered mostly as part of packages for private individuals. The firm is also in Belgium, Spain, Germany, Switzerland, UK, Brazil and China, It has 14,500 professional clients and one million users in 90 countries.