Wednesday, September 5, 2007

Atempo Raises $22M In Series B

Palo Alto-based Atempo said today that it has raised $22M in a Series B funding. The round was led by Intel Capital, and also included Steelpoint Capital Partners and Ridgewood Capital. Atempo develops data protection and archiving products for the storage industry. Atempo said the funding would go to accelerate developmen tof its cross-platform storage management solutions. Atempo's products include backup, archiving, and continuous data protection targeted at enterprise and mid-market customers. Atempo was advised by GrowthPoint Technology Partners in the deal. More information »