PHD Virtual Technologies offers virtual backup and monitoring software centered on its Virtual Backup Appliance (VBA) and PHD Virtual Monitor for VMware and Citrix environments. The VBA is a 100% virtualized backup appliance that deploys and is managed from the XenServer hypervisor without requiring physical servers or extra software. The company reports more than 5,000 customers and says it has delivered consistent quarter-over-quarter growth. Recently it raised $4 million to support technology innovation, drive sales, expand into Europe, and advance product development initiatives. PHD Virtual has been transforming data protection for virtual IT environments since 2006. Its positioning emphasizes value, performance, and scalability for virtual and cloud backup and replication use cases. PHD Virtual Technologies provides a scalable, cross-platform backup and recovery solution for virtual machines, centered on its esXpress data protection product. esXpress is deployed by more than 2,000 enterprises worldwide. The company is headquartered in Philadelphia, PA. Management says it will use the recent financing to accelerate worldwide expansion. The article notes an investment was received and additional funding was provided alongside it. No revenue or other financial metrics were disclosed in the article.

Total raised

$4M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Mar 2013