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Tech Industry

Connected gets $30 million

Connected announced on Monday it has raised a $30 million sixth round of funding. Connected, which has raised a total of $66 million, received a decrease in valuation with its latest round. The Natick, Mass.-based company provides software that continually backs up data on PCs to prevent a loss during a virus attack or system crash. Investors in this latest round include Peregrine Systems, StarVest Partners, New York Life Capital Partners, Ironside Ventures, Deutsche Banc Alex Brown and previous investors Baker Capital, Fidelity Ventures, Granite Ventures, Applied Technology and Solstice Capital. See complete list.

Connected announced on Monday it has raised a $30 million sixth round of funding. Connected, which has raised a total of $66 million, received a decrease in valuation with its latest round. The Natick, Mass.-based company provides software that continually backs up data on PCs to prevent a loss during a virus attack or system crash. Investors in this latest round include Peregrine Systems, StarVest Partners, New York Life Capital Partners, Ironside Ventures, Deutsche Banc Alex Brown and previous investors Baker Capital, Fidelity Ventures, Granite Ventures, Applied Technology and Solstice Capital. See complete list.