Runa Capital led $2 million investment in BackupAgent

Venture Capital firm Runa Capital has led a $2 million investment round in BackupAgent. The rapidly growing company BackupAgent sold a minority stake and obtained access to Runa Capital's unique network in hosting universe for strengthening global market presence. Also, the investment will help with further development of its software platform with a central, browser-based management interface to manage all backups across cloud services and devices in company networks. Previous investor Solid Ventures also participated in the financing.

Runa Capital is $135 mln technology-focused venture capital firm whose investments have created or incubated companies with more than US$10 billion in assets. It was established to seek growth opportunities in the rapidly growing areas of the tech sector, with specific focus on cloud computing and other hosted services, virtualization and mobile applications. For more information, please read our press release.