Axcient is an innovator of comprehensive data protection software-as-a-service (SaaS) solutions for small and medium-sized businesses (SMBs). The company’s hybrid on-premise and cloud data protection and business continuity service is the first of its kind to make business continuity and backup simple for SMBs by delivering a secure and cost-effective way to ensure uptime and data recovery. The pay-as-you-grow service features zero infrastructure, license, or software costs, thereby eliminating capital expenditures and minimizing operating expenses to meet SMB requirements for affordability and simplicity. Axcient customers encompass a wide range of industries, including legal, financial services, healthcare, design and creative industries, retail, credit card services, Web-based companies, and education. The Axcient service is available exclusively through a nationwide network of IT solution providers. For more information, visit www.axcient.com.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| Series A | 6M | Allegis Capital, Peninsula Ventures | Unknown | |
| 10/01/11 | Series C | 15.5M | Scale Venture Partners, Allegis Capital, Peninsula Ventures, Thomvest Ventures | Unknown |