What is Active Circle?
Active Circle specializes in secure, high-volume data storage and archiving solutions that are agnostic to hardware and cloud environments. The company's architecture is built on standard x86 nodes in a cluster, enabling scalable access and processing points to overcome capacity limitations. Active Circle offers an 'unlimited space' solution, allowing storage volumes to expand into petabytes without service interruption. Its hybrid cloud mode facilitates automatic migration of older files to the cloud, thereby freeing up primary storage. The platform provides transparent access, presenting a virtual file server with consistent access whether data resides on disk, tape, or in the cloud. Data integrity is maintained through multiple copies, integrity checks, and lifecycle control. Advanced features include near-continuous historization for protection against errors, high availability with automatic failover, self-healing capabilities, granular access control, and WORM (Write Once, Read Many) space options for immutable archiving. A digital fingerprint (MD5, SHA1, SHA56) is calculated upon file ingestion and regularly verified to ensure data integrity.
How much funding has Active Circle raised?
Active Circle has raised a total of $13.4M across 2 funding rounds:
Series A
$2.4M
Series B
$11M
Series A (2005): $2.4M with participation from Innovacom
Series B (2008): $11M led by Quest for Growth, OTC Asset Management, and Innovacom
Key Investors in Active Circle
Quest for Growth
Quest for Growth is an investment firm that likely focuses on providing capital to companies with high growth potential, particularly in technology sectors.
OTC Asset Management
OTC Asset Management is an independent management company specializing in investments in unlisted companies, providing capital and strategic support to foster development and shareholder value.
Innovacom
Innovacom is a venture capital firm with a long history of investing in digital startups, supporting their growth through funding and strategic guidance, and has a track record of successful IPOs and exits.
What's next for Active Circle?
The substantial enterprise-level funding and recent strategic investment signal a strong growth phase for Active Circle. This capital infusion is likely to accelerate product development, expand market reach, and enhance its cloud integration capabilities. The company's focus on scalable, secure, and accessible data storage positions it to capitalize on the ever-increasing demand for data management solutions across various industries. Future strategic moves may involve further partnerships, technological advancements in data compression and retrieval, and expanding its footprint in hybrid and multi-cloud environments.
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