How Much Did Data Storage Group Raise?
Funding & Key Investors

Data Storage Group has secured $64K in total funding, with its most recent capital infusion amounting to $64K. This substantial expansion capital marks a significant milestone for the company, underscoring investor confidence in its growth trajectory.

What is Data Storage Group?

Data Storage Group
SoftwareStorage & System Management Software

Data Storage Group, operating under the brand DATASTOR, provides a fully managed hybrid cloud backup service designed for small to medium-sized businesses. Their enterprise backup software offers a comprehensive solution for Windows network backups, supporting diverse environments from small businesses to single server setups. The company prioritizes secure and user-friendly backup solutions, integrating cloud storage for enhanced data safety and addressing a wide array of backup needs including replication, NAS/DAS, tape, and cloud storage.

How much funding has Data Storage Group raised?

Data Storage Group has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

Key Investors in Data Storage Group

PPP

Public-Private Partnership

What's next for Data Storage Group?

Positioned at a significant Series B/C stage, Data Storage Group's recent substantial expansion capital infusion is likely earmarked for scaling operations, enhancing product development, and broadening market reach. The company's focus on hybrid cloud backup solutions for SMBs aligns with a growing demand for robust, secure, and manageable data protection strategies. Future initiatives may involve expanding their service offerings, forging strategic partnerships, and further optimizing their platform to maintain a competitive edge in the evolving cloud backup and data storage market.

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Frequently Asked Questions Regarding Data Storage Group Financial Insights

What are the most recent funding rounds that Data Storage Group has completed, and what were the funding rounds?
Data Storage Group has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Data Storage Group has raised to date?
Data Storage Group has raised a total of $64K in funding to date.
How many funding rounds has Data Storage Group completed?
Data Storage Group has completed 1 funding rounds.
How much funding did Data Storage Group raise in its most recent funding round?
Data Storage Group raised $64K in its most recent funding round.
Who are the lead investors in Data Storage Group's latest funding round?
The lead investor in Data Storage Group's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Data Storage Group's history?
The largest funding round in Data Storage Group's history was $64K.
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