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November 11, 2013 10:25 pm GMT

Bitcasa Raises $11M To Fuel International Expansion Of Its Cloud Storage Service

Bitcasa Infinite DriveBitcasa, a former TechCrunch Disrupt Battlefield finalist, is growing quickly in Japan and other Asian countries. To fuel this kind of unexpected international growth, the company has raised $11 million as a follow-on to its previously announced $7 million Series A round. The round was led by Horizons Ventures and Pelion Venture Partners.The fast international growth is something that took the company's recently appointed CEO Brian Taptich by surprise. Taptich, who was only announced as Bitcasa's CEO in September, told me that he believes Bitcasa's unlimited cloud storage solution appeals to countries that are ahead of the curve with regard to their Internet and mobile infrastructure. Bitcasa, he told me last week, is optimized for a universe where a lot of content is created and stored across multiple devices and where users are always online.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tk9oEQFQ7us/

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