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Backupify Inc. has raised a $4.5 million Series A round of venture capital investment to continue developing its online backup service for cloud-based consumer software, CEO and founder Rob May reported.
The new round brings in new investor Avalon Ventures of San Diego, Calif., and adds to a $1.1 million seed round the startup raised in March, concurrent with its move from Louisville, Ky., to Cambridge. Seed investors First Round Capital of Philadelphia and angel investors Chris Sacca and Dharmesh Shah also returned to re-invest in the A round.
Backupify is developing an online backup service similar to that provided by Carbonite Inc. of Boston, except where Carbonite and competing services back up hard-drive data, Backupify is designed to back up data stored in cloud-based applications like Twitter, Facebook, blog publishing platforms and Google Inc.’s (Nasdaq: GOOG) Google Docs.
Shah, co-founder of Cambridge search-engine marketing software company HubSpot Inc., and a 2009 Mass High Tech All-Star, was the first investor in Backupify.
May said the company, currently staffed with 10 people, plans to hire about six new developers experienced with the coding language Ruby on Rails and the Cassandra database management system.
The funding round was first reported Monday in the Innovation Economy blog by Scott Kirsner.
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