SageCloud Receives $10 Mln in Series B Financing

SageCloud said on Tuesday that it has closed $10 million in Series B financing. The lead investor was Braemar Energy Ventures. Existing Investor Matrix Partners also participated in the round. Also, Dr. Jiong Ma, a partner at Braemar, will join SageCloud's board of directors. Based in Boston, Massachusetts, SageCloud is a provider of storage systems for archival and backup data.

11 June 2013•4 mins read
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