Quorum has announced today that it has raised $11 million in Series B funding in order to ramp up sales, marketing and support for its one-click backup, recover and continuity solutions aimed at small and medium-sized businesses.
The round was led by new investor Toba Capital, a venture firm created by former Quest Software CEO Vinny Smith, as well as prior backers including Aitek Capital Group.
F**k it, we'll do it live!
Our biggest ever edition of TNW Conference is fast approaching! Join 10,000 tech leaders this May in Amsterdam.
Quorum says its solutions, which help businesses avoid long periods of downtime or lost data due to hardware failure, have seen “significant demand” over the past year. As a result, it will be using some of the Series B funding to hire new engineers that will be tasked with building new products and services for the company.
At its core, Quorum offers an automated system for distributed computing resource management.
“Virtual computing makes spare platforms ready at a moment’s notice, rendering unacceptable the delays caused by the old backup-restore paradigm,” the company’s website reads.
“But raw virtual machines are only one ingredient of a rapid recovery plan. Assembling all the required ingredients, synchronizing constantly with the production environment, then triggering recovery in case of failure involved too much ongoing complexity to be practical for already overloaded IT professionals.”
Quorum has now automated this process and created a number of onQ systems of appliances and hybrid-cloud services that makes recovery nodes more accessible and easy to test. The end result is that Quorum can help small and medium-sized businesses avoid unnecessary downtime and recover from a hardware “disaster” much more quickly.
Headquartered in San Jose, California, Quorum’s clients include First National Bank, the National Governors Association and the Arizona Medical Board.
Image Credit: youngthousands/Flickr