What is Data Storage Group?
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:
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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