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Ugloo raises €1,25m seed round led by from CapDecisif Management

Ugloo raises €1,25m seed round led by CapDecisif Management to perfect its patented technology and accelerate its business development.

Ugloo is a data backup system and archive solution directly onto desktops and not in datacenter. The solution is based on an internationally patented peer-to-peer network technology.

This solution has two main advantages: first, it offers unprecendeted security because the data is fragmented and encrypted before being stored in house in the existing computer park, secondly, by using existing hardware Ugloo’s solution is much more efficient on both economical and ecological standpoints.