How Much Did DriveSavers Raise?
Funding & Key Investors

DriveSavers, a leader in data recovery services, has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The company has a total funding amount of $2.7M and recently received $1.7M in financing. This latest round underscores the critical nature of data integrity and recovery in today's digital landscape.

What is DriveSavers?

DriveSavers
Business ServicesSoftware Testing

DriveSavers is globally recognized for its advanced data recovery solutions, offering the fastest, most reliable, and securely certified services in the industry. The company distinguishes itself through its adherence to stringent security protocols, including annual SOC 2 Type II Audits and HIPAA compliance, making its services suitable for financial, government, corporate, and healthcare sectors. DriveSavers also meets U.S. Government security mandates such as GLBA, DAR, and SOX. Operating from a state-of-the-art Certified ISO Class 5 (Class 100) Cleanroom, the company is authorized by all major storage device manufacturers to perform internal device operations without voiding warranties. Its engineers are certified in leading encryption and forensic technologies, serving a prestigious clientele that includes Bank of America, Google, NASA, and the U.S. Army.

How much funding has DriveSavers raised?

DriveSavers has raised a total of $2.7M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.7M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.7M led by PPP

Key Investors in DriveSavers

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for DriveSavers?

The substantial enterprise-level capital and recent strategic investment indicate DriveSavers' commitment to expanding its technological capabilities and market reach. This financing is likely to fuel further innovation in data recovery techniques, enhance its secure infrastructure, and potentially broaden its service offerings to address emerging data loss challenges. The company's focus on compliance and security positions it for continued growth in sectors with high data sensitivity, suggesting a strategic expansion into new enterprise partnerships and advanced recovery solutions.

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Frequently Asked Questions Regarding DriveSavers Financial Insights

What are the most recent funding rounds that DriveSavers has completed, and what were the funding rounds?
DriveSavers has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 27, 2020.
What is the total amount of funding DriveSavers has raised to date?
DriveSavers has raised a total of $2.7M in funding to date.
How many funding rounds has DriveSavers completed?
DriveSavers has completed 2 funding rounds.
How much funding did DriveSavers raise in its most recent funding round?
DriveSavers raised $1.7M in its most recent funding round.
Who are the lead investors in DriveSavers's latest funding round?
The lead investor in DriveSavers'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 DriveSavers's history?
The largest funding round in DriveSavers's history was $1.7M.
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