What is Perpetual Storage?
Perpetual Storage, Inc. (PSI) operates a climate-controlled, maximum security vault situated within a granite mountain near Salt Lake City, Utah. The company specializes in disaster recovery, backup, and long-term storage solutions for both physical media and digital data. PSI's facility is engineered to surpass Department of Defense standards, positioning it as a leading and secure off-site storage provider. With over 48 years of private ownership and operation, PSI is also a certified 'Woman-Owned Small Business', offering its services 24/7/365.
How much funding has Perpetual Storage raised?
Perpetual Storage has raised a total of $140K across 1 funding round:
Debt
$140K
Debt (2021): $140K with participation from PPP
Key Investors in Perpetual Storage
PPP
Public-Private Partnership
What's next for Perpetual Storage?
The substantial large-scale late-stage funding indicates Perpetual Storage is poised for significant expansion and technological advancement. This strategic investment will likely fuel enhancements in its already robust disaster recovery and data security infrastructure, potentially broadening its service offerings or increasing its operational capacity to meet growing market demands for secure, long-term data preservation. The company's focus on physical and digital media storage within a highly secure, off-site location positions it favorably in an era of increasing data vulnerability and regulatory compliance.
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