Notes from the CEO
Congratulations to ioSafe
I was very excited to hear the great news that another company – headquartered in our region- has more opportunity to grow. ioSafe Inc., the technology leader in disaster proof hardware, announced on Monday that it has raised more than $2.50 Million of growth capital from California-based private equity investor group, Central Valley Fund II (CVF). ioSafe products are the “blackbox” of data storage for consumers and businesses, and are unique because of their disaster-proof patented technologies. This will keep your data safe from fire and flood, your digital files and programs are protected.
This capital will allow the Auburn-based company to further expand its disaster-proof product capabilities into the private cloud/network attached storage (NAS) markets as well as licensing its technology to other data storage companies.
Five Star Bank sends them our congratulations and a “job well-done!”