Delphix, a Menlo Park, California-based provider of a Data as a Service platform, raised $75m in funding.
The round was led by Fidelity Management and Research Company with participation from Credit Suisse NEXT Investors, LLC, a fund managed within Credit Suisse Asset Management, The Kraft Group, and existing investors, including Greylock Partners, Lightspeed Venture Partners, and Icon Ventures.
The company intends to use the funds to scale sales, marketing, and operations across global geographies and to invest in cloud, analytics, and data security technologies to maintain its leadership in Data as a Service (DaaS).
Founded in 2008 by Jedidiah Yueh, CEO, and Stewart Grierson, CFO, Delphix About Delphix provides a Data as a Service platform that allows enterprises to accelerate cloud migrations, custom development, and ERP rollouts. The company, which offers its DaaS Platform as on-premises or cloud software, has added support for virtualizing and delivering data across the major databases and data warehouses in the market, including Oracle, Oracle RAC, Oracle Exadata, Microsoft SQL Server, IBM DB2, SAP ASE, PostgreSQL, and others.
Customers include leaders across all major verticals, including financial services, insurance, telecommunications, government, high technology, retail, healthcare, and pharmaceuticals.
In 2015, Delphix acquired data-masking leader Axis Technology Software.