Datacastle Raises $2M in Venture Capital for Channel Expansion

Feb 08, 2011

Mobile workforce data protection leader attracts funding to fuel growth after signing multiple new channel partnership agreements.

Datacastle, a provider of mobile workforce data protection solutions, announced completion of a $2 million financing. The company's latest funding round is led by CM Capital and Haag Ltd., both of Australia. The financing comes on the heels of several recently-announced agreements including relationships with Seagate i365, Systemax MISCO Germany, and Computerlinks to distribute Datacastle's endpoint backup and data protection solution - Datacastle RED.

Datacastle RED provides policy-driven automatic backup, remote data deletion, at rest encryption, port access control, and device trace in a single, unobtrusive agent for Microsoft Windows and Apple Mac OS X devices. Datacastle RED can be operated as an on-premise private cloud service or in public cloud infrastructures such as Microsoft Windows Azure or Amazon Web Services.