SysCloud, a data backup and security suite for Google Apps, has raised $2.5 Mn in series A funding round led by Inventus Capital Partners along with participation from existing investor, KAE Capital.
SysCloud offers a suite of tools that provides protection for data in Google Apps through real-time backups, insights and security policies. Over 500,000+ users from 32 countries are currently using SysCloud protection platform.
“At SysCloud, we’re focused on providing the highest level of data security, and this funding allows us to build on our current product innovations to cover other cloud-based collaboration tools, including Microsoft Office 365, Salesforce, Dropbox and Box,” said Vijay Krishna, CEO of SysCloud.
SysCloud plans to use this funding to expand sales and marketing efforts, scale current operations and accelerate development for continued product innovation.
With this funding, John Dougary of Inventus will be joining the board of directors at SysCloud.
“As we continue to read about data breaches among some of the largest companies around the world, SysCloud’s data security suite is becoming an invaluable tool for companies and organizations with sensitive data. The growth that SysCloud has seen in the past year is testimony to the company’s success and we are looking forward to partnering with them as they continue to disrupt the market,” said John Dougery, Managing Director of Inventus Capital.