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

Data Storage Group has secured $64K in total financing, with a recent capital injection of $64K designated for substantial expansion. This funding round places the company at a significant Series B/C stage, indicating a period of accelerated growth and market penetration.

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 specifically designed for small to medium-sized businesses. Their enterprise backup software offers a comprehensive solution for Windows network backups, adaptable to various IT 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 reliability. DATASTOR is committed to addressing diverse data protection needs, supporting multiple backup methodologies including replication, NAS/DAS, tape, and cloud-based 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?

With the recent influx of substantial expansion capital, Data Storage Group is poised for significant scaling. The company's strategic focus will likely involve enhancing its hybrid cloud backup service offerings, expanding its market reach to capture more SMB clients, and potentially investing in further development of its enterprise backup software. This funding at the Series B/C stage suggests an aggressive growth strategy, aiming to solidify its position in the competitive data backup and recovery market through technological advancement and increased operational capacity.

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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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