Sharpcast Raises $10 Million

Born in 2004, Sharpcast, Inc., the San Mateo, CA-based developer of an online data back-up and storage, syncing and file sharing service, has raised $10 million in a new round of funding, from Sigma Partners, Draper Fisher Jurvetson and Selby Ventures

"Consumers, with new netbooks and smart phones in hand, want to sync all their devices and back-up data online," said Laura Yecies, the recent CEO of Sharpcast. "This funding will enable us to capitalize on this burgeoning market and continue to add great new features."