Follow The Money: 10 Recent Tech VC Investments To Watch In March

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PHD Virtual Technologies

Headquarters: Philadelphia

CEO: James Legg
New Funding: $2 million
Round: C
Backers: Insight Venture Partners, Citrix

PHD Virtual specializes in virtual backup for VMware and Citrix and also monitoring solutions for physical, virtual and cloud environments. Recent announcements include direct backup to the cloud through the company's CloudHook module, which is available with the latest version of PHD Virtual Backup 6.2. The company has also secured $2 million in venture debt financing from Wellington Financial.

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