Bitcasa, a US-based technology company which provides cloud storage for consumers, has raised $11m supplemental series A funding led by existing investors Horizons Ventures, the Hong Kong based investment firm of Mr. Li Ka-shing, and venture capital firm Pelion Venture Partners.
The funding will be used to accelerate product development and to pursue international expansion.
The supplemental funding brings Bitcasa’s funding up to a total of approximately $20m, having previously raised $8.5m from investors including Samsung Ventures, the venture capital…
