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Unitrends Takes Hold of $9M

Data protection specialist Unitrends has clinched $9 million in Series C funding as the vendor prepares to revamp its technology.

The round, which was led by Paladin Capital Group and also included Aurora Funds, Herbert Venture Partners, and Trelys Funds, brings Unitrendss total funding to around $18 million.

Unitrends’s CEO Duncan McPherson told Byte and Switch that the bulk of the funding will go to enhancing the vendor’s flagship Data Protection Unit (DPU) appliance, which provides backup and bare metal restores for SMBs. The vendor is also planning to enhance its Data Protection Vault (DPV) device for off-site disaster recovery.

“It’s for new product development -- new features and functionality,” he said, explaining that this will focus on CDP, virtualization, and de-dupe enhancements.

At the moment, Unitrends offers "near-CDP" for Exchange, which provides less frequent backups than real-time, and "true-CDP," which is sold by the likes of Bakbone.

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