SAN ANTONIO--(BUSINESS WIRE)--Jungle Disk today announced that it has tripled its growth capital by raising additional funding from existing investors. The investment will boost marketing and sales efforts to capitalize on the company’s product development momentum since spinning out of Rackspace in January 2016. Over the last year, Jungle Disk has doubled its research and development and customer service teams.
“We are pleased to announce the additional funding as it enables us to accelerate our growing awareness among small businesses as well as educate them on how they can keep their critical data safe with an affordable, reliable and on-demand modern security solution,” said Bret Piatt, CEO at Jungle Disk. “Over 90 percent of small businesses who suffer a major data breach do not survive. We want to help eliminate cyber threats and believe in our products so much that we back our network security service with a $50,000 data breach guarantee.”
The Jungle Disk data security suite is designed for 2-250 employee businesses with important digital records and data. Recently, Jungle Disk released a new network protection service and updated versions of its cloud backup software to enable businesses to better protect their data from both accidents and attacks. The new network protection service and enhanced software versions include:
- Network Firewall and Ransomware Protection Service - The affordable service is an enterprise-grade network protection from ransomware, malware, viruses, bots, denial-of-service (DDoS) attacks and other sophisticated cyberattacks that frequently target small and mid-sized businesses (SMBs).
- Enhanced Cloud Backup Software - With the updated versions of the Jungle Disk cloud backup software, customers benefit from faster backup search, the choice between continuous real-time or scheduled backups and enhanced compatibility for Windows, macOS and Linux clients.
“Small businesses need an easy-to-use data security solution that will protect their most critical data without forcing them to pre-pay for long-term contracts or expensive equipment,” said Russell Faldik, CFO at Leonard Holding Company. “With the growth capital investment, Jungle Disk has a big opportunity ahead to increase brand visibility in the market and grow customer adoption. I look forward to watching the company’s successes in the coming year.”
About Jungle Disk
Jungle Disk, the #1 data security suite for main street, provides businesses network security and backup solutions to protect critical data from system failure, human error and cyberattacks. Headquartered in San Antonio, TX, the Jungle Disk team now serves over 25,000 customers across the globe with data centers in North America and Europe. For more information, visit www.jungledisk.com.