SysCloud, a service that offers a comprehensive suite of services aimed to keep companies’ Google Apps accounts safe and backed up, today announced that it has raised a $2.5 million Series A round led by new investor Inventus Capital Partners and previous investor KAE Capital.
While SysCloud currently specializes in Google Apps, the new funding is meant to allow the company to expand to other online tools like Office 365, Salesforce, Dropbox and Box.
The company, which was founded in 2010, says it currently protects the accounts of half a million users from 32 countries. Besides its backup features, SysCloud also offers tools for granularly managing security policies to ensure that certain sensitive data can’t be shared with users outside the company, for example.
To make this easier, SysCloud offers users a set of templates that correspond to standard compliance policies like PCI, FERPA and SOC 2. The service also features a number of auditing and reporting tools, as well as services for helping new customers migrate to Google Apps.
The one risk SysCloud — and any other service like it — obviously faces is that the vendors it supports will launch very similar services themselves over time. Google, after all, already offers a couple of new security and auditing features for its enterprise Google Apps customers. SysCloud is also up against companies like CloudLock, Backupify and others that offer similar services.
In response to my concernces, SysCloud CEO Vijay Krishna told me that he belives “customers want an application which acts as a single pane of glass to secure their data across all the clouds with uniform policies and controls applied across all. Otherwise, It becomes cumbersome to have to program policies into each vendor’s management panel. Also, every vendor may not support same and required features.”