Rebit raises $5.7 million for automated system backup | Startup Meme - Technology Startup and Latest Tech News

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Dec 17 2008

Rebit raises $5.7 million for automated system backup

Bilal Hameed 

image thumb321 Rebit raises $5.7 million for automated system backup Rebit, a Longmont-Colorado based startup that provides solutions to backup PC data, has raised $5.7 million in second round of funding from Access Venture Partners, Grotech Ventures, and Highway 12 Ventures. Rebit provides fully automated backup and complete system recovery for Windows XP and Vista. Rebit’s solution not just backs up data but also restores the apps and the entire operating system.

“We are gratified that this stellar group of investors has shown such tremendous confidence in Rebit during these challenging economic times,” commented Lew Frauenfelder, chief executive officer, Rebit. “I am energized by our current achievements, and would like to thank Rebit’s knowledgeable and dedicated employees for their significant contributions. I am equally grateful to Rebit’s customers, who are exceptionally supportive and enthusiastic about our products. I have no doubt that Rebit’s products and roadmap will bring us continued success.”

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