Pogoplug Raises Big New Bucks

Photo of author

Tim Higgins

CloudEngines

Cloud Engines said today it has received $15M in new financing.

The money comes from new investors Softbank Capital and Morgan Stanley Alternative Investment Partners (AIP) and existing investor Foundry Group.

The capital will be used to continue to expand the global distribution of the Pogoplug service and devices.

Terms of the transaction were not disclosed.

Related posts

SOS Online Backup Reviewed

Updated - SOS Online Backup sets up its licensing more like a cloud storage provider. This works for some, but not all cases.

Carbonite Reviewed

Carbonite offers unlimited online backup with minimum yearly subscription and remote access for iOS and Blackberry devices.

SkyDrive Gets A Makeover

Microsoft has made its drive-in-the-sky service a lot easier to use.