Horizon Ventures and Pelion leads $11 mln round for Bitcasa

Bitcasa said Monday that it has received an additional $11 million in its series A funding. Horizons Ventures and Pelion Venture Partners led the round. Based in Mountain View, Calif., Bitcasa, which is also backed by Samsung Ventures, Andreessen Horowitz and First Round Capital, is a provider of cloud storage solutions.

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