Spanning Cloud Apps Raises $2 Million Series A Round of Venture Funding From Foundry Group

Austin, TX (PRWEB) April 5, 2011

Spanning Cloud Apps, the makers of Spanning Backup for Google Apps, today announced that the company has secured $ 2 million of funding from Foundry Group, a Boulder-based venture capital firm. Launched in September 2010 and spun out of Spanning Sync, Inc., Spanning Cloud Apps will apply the resources to continue to build on the companys growing portfolio of cloud applications for Google Apps as well accelerate development of complementary solutions for other major cloud service providers.

Spanning Backup is the highest-rated Security & Compliance app in the Google Apps Marketplace, is among the highest-rated paid apps overall, and has already backed up more than 1 billion documents, calendar events, and contacts for Google Apps users.

When Google Apps customers learn about Spanning Backup, their first question isnt, How much does it cost? but rather, How soon can we turn it on? said Charlie Wood, Spanning Cloud Apps founder and CEO. We help a lot of Google Apps admins sleep a lot better at night.

The Austin-based company has also added Seth Levine, Managing Director at the Foundry Group, to its board of directors.

We couldn’t be more happy to work with Seth and the rest of the Foundry team, said Wood. With Foundrys support and deep experience in the market we plan to extend our lead in Google Apps backup and use that leadership position to build out a broad portfolio of cloud apps.

Its very exciting to work with fresh and ambitious companies such as Spanning Cloud Apps, said Seth Levine, Managing Director at Foundry Group. The caliber of the team and their proven ability to execute made them a very strong fit at Foundry Group. Were very excited to help this team achieve its very ambitious goals.

Spanning Cloud Apps flasghip product, Spanning Backup, continually backs up Google Apps data to the cloud. While Google’s infrastructure includes extremely sophisticated internal disaster recovery capabilities, Spanning Backup provides backup and restore functionality for Google Apps users and administrators. The product provides simple, always-on protection against accidental and malicious data loss and corruption.

For more information, please visit spanningbackup.com

About Spanning Cloud Apps

Founded in 2010 and spun out of Spanning Sync, Inc., Spanning Cloud Apps is a cloud-based application developer focused on backup solutions for todays most widely adopted cloud-computing suites including Google Apps. Spanning Backup, the companys flagship product, is the top-rated backup solution for Google Apps users and administrators. The company is backed by Foundry Group, and is based in Austin, Texas.

For more information, visit spanning.com.

About Foundry Group

Foundry Group is a venture capital firm focused on investing in early-stage information technology, Internet, and software startups. In addition to providing the necessary venture capital to get a company up and running, Foundry Group is committed to leveraging their experience in starting and growing companies, expertise in the technology industry, and network of relationships to help great entrepreneurs turn great ideas into great companies. Foundry Group is based in Boulder, Colorado, and invests in companies located across the United States.

For more information, visit http://www.foundrygroup.com.

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Spanning Cloud Apps Raises $2 Million Series A Round of Venture Funding From Foundry Group

NextVault Raises the Grade at Next Generation Children"s Centers

Boston, MA (PRWEB) October 25, 2012

NextVault, Inc., a leading cloud online data backup company, raises the grade of data protection at Next Generation Children’s Centers.

“We are delighted to have Next Generation Children’s Centers join our growing list of customers,” said Kevin B. Harris, President and CEO of NextVault. “As NGCC continues to grow and open new schools, they can remain focused on their core goals of quality childcare and early child education knowing that their systems are well protected by NextVault.”

“NextVault has taken our data protection to the next level”, said Kathleen DelPrete, COO of Next Generation Children’s Centers. “With 10 schools and our corporate headquarters located in various towns throughout Eastern Massachusetts, it was difficult for us to ensure we were properly protecting everyone’s data.

Next Generation Children’s Centers was founded in 1993 by Donna Kelleher and currently has 10 schools located throughout Eastern Massachusetts.

“NextVault provides the ultimate solution that allows us to centrally monitor and manage all of our data backups to ensure they are complete,” DelPrete added. We are well positioned knowing that whether we need a single file or entire system restored, the data is just a mouse click away.”

“It’s extremely rewarding when we can help a thriving organization stay focused on their mission,” Harris added. To know that they don’t have to worry about protecting their data because we are doing it for them means that the next generation of families everywhere get the full attention they need and deserve.”

NextVault was formed in early 2010 by online data backup pioneers Kevin Harris and Bud Stoddard with the goal of delivering Value Based Data Protection to its customers.

About NextVault

NextVault is a leading provider of data backup, recovery, file and email archiving solutions. As an innovative service provider we offer comprehensive and affordable solutions to small, medium, and large sized businesses. Through our network of partners, resellers and data centers, NextVault promises secure online backup and fast access to data in the event of loss or disaster, tailored to the needs of any business in todays uncertain world.

About Next Generation Children’s Centers

Next Generation Children’s Centers is a leading childcare and early childhood education organization with schools throughout Eastern Massachusetts. Founded in 1993, NGCC offers young children a familiar and engaging place to grow and develop. Through a developmentally appropriate curriculum and specially designed classrooms, we instill in your child a love of learning.

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