Unitrends is a Columbia, S.C.-based provider of appliances and software for backup, archiving, instant recovery and disaster recovery. The company protects corporate data across more than 100 versions of servers and a wide range of operating systems, including Windows, Hyper-V, VMware, Mac OS, Linux, AIX and Solaris. Its solutions support SAN and NAS storage, hypervisors such as Hyper-V and VMware, and applications including Exchange, SQL and Oracle. Led by president and CEO Mike Coney, Unitrends sells both appliances and software products. The company intends to use the new investment to accelerate growth through expansion of its existing offerings. Financial terms of the transaction were not disclosed in the article. Unitrends is a Columbia, SC-based provider of backup appliances and disaster recovery solutions. Its scalable disk-based backup appliances integrate and protect heterogeneous computer and storage systems through a single graphical user interface. The company’s solutions provide protection for over 100 different versions of operating systems and applications. Unitrends’ products are currently deployed to more than 1,500 customers, primarily in the U.S. The company secured a $3.0m financing from MMV Financial. According to CFO Tim Wallick, the funding will enable Unitrends to accelerate investments in R&D, marketing, and sales.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2010