BeInSync develops secure P2P synchronization software that keeps documents in sync, backed up and easily shared across multiple computers. The company will use the additional funding to expand its marketing and sales functions for its flagship product launched in August 2004. In addition, BeInSync is expanding its product line and offering data protection and backup by combining its P2P expertise with an optional online storage service.

“Consumer storage requirements are growing exponentially,” said Barun Dutta, partner at Alta Berkeley. “This is an opportune time to invest in P2P technology that addresses a real need for data protection, access and sharing in a simple and affordable way. BeInSync’s innovative approach and seasoned leadership team continues to prove that it is outpacing the competition and is emerging as a clear leader in this space.”

BeInSync has garnered widespread industry recognition as the leading P2P file synchronization software including PC World’s 101 Fabulous Freebies; a four star rating from PC Magazine and from CNET; and positive endorsements from the Wall Street Journal and BusinessWeek.

“BeInSync has gained significant market traction by offering a low-cost software that allows easy access, sharing and backup of personal and business information, and we have consistently received positive reactions from our growing customer base,” said Tal Barnoach, BeInSync CEO. “Unlike any other solution, BeInSync ensures the highest level of privacy and speed while providing a truly seamless user experience by synchronizing files and information through its unique P2P technology.”