dcsimg

Virtualization Backup & Restore Leader PHD Technologies Receives Investment from Top Tier Venture Firm

MOUNT ARLINGTON, N.J., Aug. 26 /PRNewswire/ -- PHD Technologies, provider of the leading esXPRESS backup and restore solution for virtualized infrastructures, today announced an equity investment from a top tier venture capital firm. The investment will be used to expand PHD Technologies' global sales footprint, fund acquisitions and enhance the product portfolio.

MOUNT ARLINGTON, N.J., Aug. 26 /PRNewswire/ — PHD Technologies, provider of the leading esXPRESS backup and restore solution for virtualized infrastructures, today announced an equity investment from a top tier venture capital firm. The investment will be used to expand PHD Technologies' global sales footprint, fund acquisitions and enhance the product portfolio.

"We've experienced tremendous growth with our Virtual Backup Appliance product," stated Ken Harbin, co-founder and president. "The next step in our evolution was to obtain expansion capital to help us accelerate our leadership position in backup and replication management solutions for virtual environments."

Sridhar Murthy who recently joined PHD Technologies as chief executive officer elaborated: "It is obvious to our new investors that we are poised for exceptional growth. They were impressed by how many large, marquee customers use esXPRESS to ensure data safety in their enterprises. With this capital we will be able to scale our operations to meet the needs of our customers and the marketplace."

esXPRESS v3.1 is fast and efficient and its Virtual Backup Appliance technology is the most cost-effective and secure way to backup virtual machines without affecting console resources or VM availability. esXPRESS adoption has increased rapidly as a result of its superior VBA technology and the increasing number of enterprises that are moving to virtual infrastructure environments.

About PHD Technologies

esXPRESS developed by PHD Technologies, redefined virtual machine backups in 2005 with the introduction of the first differential backup engine for VMware ESX Server. Today, using the Virtual Backup Appliance (VBA), esXPRESS v3.1 uses VMware to backup VMware, without the cost of a dedicated physical server. The advantage for users is simple management and unlimited dynamic growth, no single point of failure, and scaleable performance. esXPRESS is a proud VMware Technology Alliance Partner. Visit www.esxpress.com to download a free trial copy and learn more.

SOURCE PHD Technologies

Comments are closed.