Aug
13
2019
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Clumio raises $51M to bring enterprise backup into the 21st century

Creating backups for massive enterprise deployments may feel like a solved problem, but for the most part, we’re still talking about complex hardware and software setups. Clumio, which is coming out of stealth today, wants to modernize enterprise data protection by eliminating the on-premise hardware in favor of a flexible, SaaS-style cloud-based backup solution.

For the first time, Clumio also today announced that it has raised a total of $51 million in a Series A and B round since it was founded in 2017. The $11 million Series A round closed in October 2017 and the Series B round in November 2018, Clumio founder and CEO Poojan Kumar told me. Kumar’s previous company, storage startup PernixData, was acquired by Nutanix in 2016. It doesn’t look like the investors made their money back, though.

Clumio is backed by investors like Sutter Hill Ventures, which led the Series A, and Index Ventures, which drove the Series B together with Sutter Hill. Other individual investors include Mark Leslie, founder of Veritas Technologies, and John Thompson, chairman of the board at Microsoft .

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“Enterprise workloads are being ‘SaaS-ified’ because IT can no longer afford the time, complexity and expense of building and managing heavy on-prem hardware and software solutions if they are to successfully deliver against their digital transformation initiatives,” said Kumar. “Unlike legacy backup vendors, Clumio SaaS is born in the cloud. We have leveraged the most secure and innovative cloud services available, now and in the future, within our service to ensure that we can meet customer requirements for backup, regardless of where the data is.”

In its current iteration, Clumio can be used to secure data from on-premise, VMware Cloud for AWS and native AWS service workloads. Given this list, it doesn’t come as a surprise that Clumio’s backend, too, makes extensive use of public cloud services.

The company says that it already has several customers, though it didn’t disclose any in today’s announcement.

Mar
23
2015
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Four Patents That Changed Enterprise Storage

storageracks Sports fans get very excited about Final Fours — whether it’s the new four-team playoff in college football, the semi-finals competitors at Wimbledon or, most famously, the remaining competitors in NCAA basketball’s March Madness. As we are in the midst of this year’s tournament, I started pondering a Fab Four, if not the Final Four, of the world’s impactful… Read More

Aug
20
2014
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Menlo, Benioff And More Pour $35M Into Flash Virtualization Startup PernixData

shutterstock_139471973 PernixData, a year-old company that has built a platform for flash virtualization, which helps speed up the computing performance of machines, has raised another $35 million in funding. It’s another big funding round for the world of enterprise storage, which has seen a lot of disruption in the move towards cloud services and virtualization. The Series C round was led by Menlo… Read More

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