Venture Capital Firms

Backing Up Files Made Easy, SugarSync Has the Solution For Reliable Online Backup Files

Yet in the age of computers and the internet, more and more people are searching for solutions to have a reliable backup system that can always provide access to important files when your system crashes. SugarSync is yet another example of innovative technology that is available to store your backup files online and keep them on a safe server that can be accessed from any computer or mobile device.

The service that SugarSync provides is not free, but you have several options available and you do get a free trial period for 30 days. You can also upgrade or down grade your service if you choose to do so. Some of these programs available include several packages that offer a monthly or a yearly fee and you can choose which fee you prefer to pay. The lowest cost program that SugarSync offers has a monthly fee of $4.99 or an annual fee of $49.99. This package is advertised for those who have a small collection of family photos or a limited amount of audio and video files. This package offers 30GB of free storage and has just the basic features. The next package is also what the company advertises as being the most popular of their packages and that is the Premium package, which has a monthly fee of $9.99 or $99.99 for an annual fee. This is basically the package that provides the needs for the average internet user who also is on the go frequently. This package offers 60MB of space and is designed for people who accumulate a lot of photos, videos, and music files. The third package that is available by SugarSync is the Professional package, which is designed for the business professional. The cost for this package is $14.99 per month or an annual fee of $149.99 and allows file storage up to 100 GB. This is especially designed for the mobile business man who is always on the go. For the person who constantly needs to have access to his files and needs plenty of storage on an online server that can be accessed at any time. Finally, for those of you who like to spend that extra money and always like to have all the bells and whistles, there is the most expensive package that SugarSync offers, which is the Business package. The Business package has a monthly fee of $24.99 or if you go for the annual option, the annual fee is $249.99. This package comes with 250 CB of storage and is designed for the person who has large files that need to be stored online and accessed from anywhere any time.

Now, how does SugarSync work? Well, once you have signed in for the service, you need to download the software for SugarSync to work for you. The SugarSync website is very simple and even detects what type of computer you have. For example, on a Mac, SugarSync will show you how to download it and the download box will appear as you download the software. Once you have downloaded the software, it is very easy to install and once installed you can upload your files from your computer to the SugarSync server and the program will tell you if you are over the limit of your package. The only problem with SugarSync’s service is that if you choose not to have a certain folder on the SugarSync server and it is synchronized your computer, you will not be able to delete those files without deleting them from your computer. This can also pose a potential problem.

SugarSync is a subsidiary of SharpCast, which is based in San Mateo, California. The company’s investors include Draper Fisher Juvertson, or DFJ, Selby Venture Partners, and Sigma Partners, which all participated in investments of $16.5 million in series A funding in March of 2006 and then $10 million in series B funding.

Founded in 1985, DFJ is a vc firm which mainly invests in early stage companies and has over $3 billion in assets under its management. DFJ mainly invests in the tech industry and has a global presence with offices in technology centers throughout the world. Some other companies in DFJ’s portfolio include 4INFO, Abuzz, Achex, AltoBeam, AppStream, and others.

Selby Venture Partners is a vc firm that has a leading presence in Silicon Valley and mainly invests in seed and early stage companies, who are in the business of developing next generation technology and software that will disrupt the inter tech industry. Some other companies in Selby’s portfolio include 3Ware, BigFix, Blue Pumpkin Software, Bay Micro Systems, EcoHouse, and others.
Sigma Partners is a leading vc firm that was established in 1984 and mainly invests in early stage companies who are in the tech industry. Sigma invests throughout the United States and has over $1.5 billion under its management. Some other companies in Sigma’s portfolio include Acquia, AppliedEntity. Aprimo, Azuki Systems, Centrify, Dambala, Digital Fuel, and others.

For more information about SugarSync, click here.

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