SCRA Technology Ventures’ SC Launch board approved investments in four South Carolina companies, including Greenville-based Servosity.
Servosity delivers mission-critical disaster recovery as a service to managed service providers and IT resellers. During a disaster recovery situation, the technology allows for streaming of operating systems rather than waiting for information to download. Servosity, which is located at the NEXT Center in Greenville, was accepted into the SC Launch program in November.
Charleston-area company First String Research Inc. and Columbia companies Pandoodle and TerraStride also received investment approvals.
“These investment approvals are confirmation of our continued commitment to South Carolina’s high-tech economy,” SCRA CEO Bill Mahoney said in a release.