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May 09, 2007
France's Arkeia Software Gets $3M
Arkeia Software, a developer of data protection software, raised a $3M Series B round from SPEF Ventures (Banque Populaire) and Crédit Agricole private equity, reports ByteandSwitch. The new money enabled it to hire a couple of industry veterans and it will be investing in R&D as well as sales.
The company is going to add new products to its multiple IT environment network backup line, Arkeia Smart Backup and Arkeia Options, and will launch a new appliance called EdgeFort in the summer.
Read - Arkeia Secures B Round
Posted on May 9, 2007 03:53 PM | Posted to News And Updates | Permalink
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