Alcion, which sells AI-based "backup-as-a-service" tools, raised a $21M Series A led by Insight Partners-owned IT firm Veeam, taking its total funding to $29M (Justin Warren/Forbes)

Justin Warren / Forbes:

Alcion, which sells AI-based “backup-as-a-service” tools, raised a $21M Series A led by Insight Partners-owned IT firm Veeam, taking its total funding to $29M  —  Billing itself as a modern data management company, Alcion has raised $21 million in a Series A funding round led by data protection behemoth Veeam.

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