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Bacula Systems Receives US$5 Million to Deliver Open Source Enterprise Backup and Restore Technology to Large Data Centers

June 9, 2011

YVERDON-LES-BAINS, Switzerland, June 9, 2011 /PRNewswire/ — Bacula
Systems(R), the world’s leading provider of commercial open source backup and
restore software, announced today that it has completed its CHF 4.5 million
(over US$5 million) fund-raising.

The funding has been raised from a syndicate assembled by KM Capital
Partners and from the Swiss Canton of Vaud, through its Economic Development
arm, DEV.

The funds will accelerate the company’s software development program, and
further grow its sales and channels services to provide more sophisticated
support to its business partners.

“I am proud that the Bacula open source project has achieved over 1.5
million downloads since its conception in 2002,” said Bacula’s author, Bacula
Systems’ Founder and CEO, Kern Sibbald, “Bacula Systems is poised to extend
its lead in the commercial open source backup and restore space through a
series of releases of new, value-add technologies and plugins that complement
its highly scalable, network backup and restore solution.”

Emphasizing its commitment to the rapid growth of its sales team and
increased sales support to its partner and reseller networks, Bacula Systems
also announced today the appointment of Aristide Carracio as its new Director
of Sales and Marketing, and Stephane Schweizer, as its EMEA Sales and
Marketing Manager.

By eliminating both vendor lock-in and license fees, Bacula Enterprise
Edition reduces costs and offers a far lower total cost of ownership than
proprietary vendors. Immediately upon the deployment of Bacula Enterprise
Edition, Bacula Systems clients worldwide have found that modernizing their
backup and restore technology produces measurable increases in network
efficiency, data protection levels and, significantly, up to 70% reduction in
costs. With recent deployments in large hosting providers, banks and
telecommunications companies, and the high-end specification of its backup
and restoration enterprise software, Bacula Systems’ commercial open source
alternative is rapidly emerging as the solution of choice among large data
centers that need to reduce spiraling IT costs.

Footnote: Actual amount raised is 4.5 million CHF (Swiss Francs).

About Bacula Systems:

Bacula Systems provides the highest quality support, training and
professional services for the Bacula open-source backup and restoration
software platform. Bacula is the leading enterprise backup solution that is
100% open-source, free of license costs and adheres strictly to open
standards.

First released in 2002, Bacula has eliminated the high cost and vendor
lock-in of proprietary software for thousands of enterprises, government
agencies and educational institutions around the globe.

Headquartered in Switzerland with offices in the US, the Netherlands,
Germany and France, Bacula Systems was founded by the developers of Bacula in
response to a growing demand for professional support and services to match
the quality of the open source Bacula software. For more information, see
http://www.baculasystems.com/

About KM Capital Partners:

Based in Geneva, KM Capital Partners is a Swiss based financial advisory
boutique that facilitates the funding of innovative, early stage companies
which have the potential to become large global corporations.

About DEV:

The role of the Development Economic – State of Vaud (“DEV”) is to
promote the economy, facilitate the establishment of new companies and to
create jobs in the region. DEV is an association formed and financed by the
Canton of Vaud and its members. It has been organized specifically to welcome
and assist foreign companies in setting-up their activities in the region.
More information at http://www.dev.ch/en/

    For more information, contact:

    Konstantin Muravyev
    KM Capital Partners SA
    +41-79-407-56-42
    KM@KMCapitalPartners.com

    For more information, contact:

    Rob Morrison
    Bacula Systems SA
    +41-79-541-33-09
    Rob.Morrison@BaculaSystems.com

SOURCE Bacula Systems SA


Source: newswire



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