Datacastle Gains $5.3 Million

Nov 21, 2008


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Datacastle, a PC data protection company, announced its second round of financing, as well as the appointments of CEO Ronald Faith and Chairman of the Board Alex Knight. Led by CM Capital Investments, Datacastle’s $5.3 million Series A financing augments the company’s initial seed financing of July 2007. Datacastle intends to leverage its latest financing and new leadership to capitalize on the growing data protection segment by offering a comprehensive suite of data protection technologies.

(www.cmcapital.com, www.datacastlecorp.com)