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Spinbackup, a San-Francisco-based cloud security solution provider with Ukrainian roots

Spinbackup, a San-Francisco-based cloud security solution provider with Ukrainian roots

Spinbackup, a San-Francisco-based cloud security solution provider with Ukrainian roots, has raised $1.5 million in a round led by bValue, a Polish venture capital firm, reports Ukraine Digital News. The deal was announced by AVentures Capital, a Kyiv-based venture fund which invested $500,000 in Spinbackup in 2017. Some of the new money will be used to hire high-level IT engineers for Spinbackup’s R&D offices in Kyiv and Odesa.

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