Clumio will increase $ 51 million to deliver the corporate again into the 21st century


Creating backups for giant enterprise deployments appears to be a solved challenge. For essentially the most half, nevertheless, it’s nonetheless about complicated {hardware} and software program setups. ClumioThe hidden enterprise at this time needs to streamline enterprise privateness by eliminating native {hardware} in favor of a versatile, cloud-based SaaS backup resolution.

For the primary time, Clumio As well as, Clumio introduced that it had raised a complete of $ 51 million in a Sequence A and B spherical since its inception in 2017. The 11 million greenback Sequence A spherical was accomplished in October 2017 and the Sequence B spherical in November 2018 by Clumio Founder and CEO Poojan. Kumar advised me. Kumar's former firm, the Storage Startup PernixData, was acquired by Nutanix in 2016. It doesn’t appear to be the traders they earned their money backregardless that.

Clumio is supported by traders like Sutter Hill Ventures used to be this led the Sequence A and Index Ventures, which drove the Sequence B along with Sutter Hill. Different particular person traders embody Mark Leslie, founding father of Veritas Applied sciences, and John Thompson, CEO of Microsoft ,

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"Enterprise workloads are SaaS compliant as a result of IT can not afford the time, complexity, and value of constructing and managing large-scale native {hardware} and software program options to efficiently execute their digital transformation initiatives," Kumar mentioned. "In contrast to conventional backup suppliers Clumio SaaS is born within the cloud. We’ve deployed essentially the most safe and revolutionary cloud companies in our companies at this time and sooner or later to make sure that we will meet buyer backup necessities, no matter the place the information is positioned. "

Within the present iteration, Clumio can be utilized to again up knowledge from native VMware Cloud for AWS and native AWS service workloads. Given this record, it isn’t shocking that the Clumio backend additionally makes intensive use of public cloud companies.

The corporate claims to have a number of clients however has not introduced it in at this time's announcement.


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