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Yotta Yotta gets $26 million

Yotta Yotta said Wednesday that it raised a $26 million third round of funding. Investors included Banc of America Securities, Noble Networks, Bombardier Trust, Davenport Capital Ventures, The Grosvenor Funds, Optical Capital Group, Morgan Keegan, Desjardins and TechnoCap. Seattle-based Yotta Yotta has raised a total of $50 million, with an increase in valuation with its latest round. Yotta Yotta's software and hardware allows companies to store data in multiple geographic locations and access it from one of the locations should one area go down.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Yotta Yotta said Wednesday that it raised a $26 million third round of funding. Investors included Banc of America Securities, Noble Networks, Bombardier Trust, Davenport Capital Ventures, The Grosvenor Funds, Optical Capital Group, Morgan Keegan, Desjardins and TechnoCap. Seattle-based Yotta Yotta has raised a total of $50 million, with an increase in valuation with its latest round. Yotta Yotta's software and hardware allows companies to store data in multiple geographic locations and access it from one of the locations should one area go down.