Boston, MA – According to filings with the U.S. Securities and Exchange Commission, GRAX is raising $12,800,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joe Gaska played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About GRAX

Founded in 2018, GRAX is the new way that businesses preserve, recover and act on their data. Replacing traditional backup and archive tools that miss 99% of all historical changes and store sensitive data in third-party clouds, GRAX captures an irrefutable and recoverable record of every single change that happens to data over time. It allows businesses to keep their backup and archive data in their own storage environment and makes this historical data available for analytics alongside live data. This approach creates a modern, unified data infrastructure that helps organizations meet regulatory requirements and react more rapidly to new patterns that emerge in their business.

To learn more about GRAX, visit http://www.grax.com/

Contact:
Joe Gaska, Chief Executive Officer
617-690-9554
https://www.linkedin.com/in/joegaska/

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