Photo Credit: Global Diaspora News (www.GlobalDiasporaNews.com).

JNS.org – Tel Aviv-based backup services startup Model9 Ltd. has raised a $9 million series A funding round, the company announced Wednesday. The round was led by Intel Capital, the venture arm of chipmaker Intel, with participation from existing investors StageOne, North First Ventures, and Glenrock Israel.

Founded in 2016, Model9 develops a cloud-based service that helps companies backup, restore, archive, and encrypt their data sets and files to private or public cloud storage.

Source of original article: Israel – Algemeiner.com (www.algemeiner.com).
The content of this article does not necessarily reflect the views or opinion of Global Diaspora News (www.GlobalDiasporaNews.com).

To submit your press release: (https://www.GlobalDiasporaNews.com/pr).

To advertise on Global Diaspora News: (www.GlobalDiasporaNews.com/ads).

Sign up to Global Diaspora News newsletter (https://www.GlobalDiasporaNews.com/newsletter/) to start receiving updates and opportunities directly in your email inbox for free.