Microsoft's purchase of data recovery software company InMage has granted exits to investors including Intel's corporate venturing unit.
Computing company Microsoft has acquired InMage, a US-based developer of app recovery technology, in a deal that will provide an exit for investors including Intel Capital.
Founded in 2001, InMage provides software that enables users to recover data from apps in the event of any disaster.
Neither Microsoft nor InMage has disclosed the purchase price. InMage had raised $43m in equity and $1.5m in debt financing according to its SEC filings, and investors included Intel Capital, the corporate venturing arm…
