Pelion Ups Funding In Bitcasa

Salt Lake City-based Pelion Venture Partners has re-upped its investment in cloud storage provider Bitcasa, as part of an additional $11M in Series A funding for the Silicon Valley startup. Bitcasa--which is based in Mountain View, California--was co-founded by former employees of Utah data backup service provider Mozy, along with others. Bitcasa said the new funding also included funds from Horizons Ventures. More information »