Cloud services have been a hot topic on everyone’s mind in recent months, and analyists at Morgan Stanley expect the market to grow 30-50% in the next three years. In 2011, OBC made it onto Deloitte’s Fast50 Norway and Fast500 EMEA Technology Lists of Europe’s fastest growing technology companies.
“The Online Backup Company is a very exciting company that we have followed for some time. The company has proved that focused niche thinking within IT services generates very good results in Norway, and we strongly believe that The Online Backup Company will be able to compete in the European market,” says Tellef Thorleifsson, Co-Founder and Partner in Northzone Ventures.