Backupify Secures $4.5 Million In a Series A Financing Round

Backupify, a Louisville, Ky.-based online data backup and storage startup, secured $4.5 million in a Series A round. The financing was co-led by Avalon Ventures and General Catalyst. First Round Capital and Lowercase Capital participated in the financing, which Backupify plans to use to accelerate its product development capabilities. Backupify also named Rich Levandov, a general partner of Avalon Ventures, to its board.

North AmericaUSBriefs