SOS Online Backup Secures $3 Million Series A Round

SOS Online Backup, a company that markets cloud-based data backup and protection solutions, has raised $3 million in Series A funding from Splashpond Investors. The financing round brings the total of capital raised by the company, which is obviously operating in a saturated market of online backup solutions, to $10 million since its inception in 2006.

SOS Online Backup, which competes with the likes of Carbonite, Mozy and Nomadesk, says it currently boasts more than 500,000 users.

The capital injection will serve to support the roll-out of several new products and cloud-based data backup solutions for a wide range of devices and platforms, the company says.