Monday, January 17, 2005

Revivio Secures $25 Million for Data Protection Application

Revivio, a start-up based in Lexington, Mass., secured $25 million in its Series C funding round for its continuous data protection solution. The Revivio Continuous Protection System (CPS) uses a fully fault-tolerant appliance to allow companies to restore data instantly to any point in time and recover business applications. Revivio's technology allows access to data at infinitely variable points in time.

The new funding brings the company's total equity funding to date to $55 million. Leading the round was new investor Nomura International plc, who was joined by existing investors Bessemer Venture Partners, Charles River Ventures, Flagship Ventures, Globespan Capital Partners, and Eastward Capital Partners, as well as an additional new investor, Lighthouse Capital Partners.


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