Datrium Secures $55M in Series C Funding

datriumDatrium, a Sunnyvale, CA-based Open Convergence platform for cloud builders, secured $55m in Series C funding.

The round, which brught total funding to date to more than $110m, was led by New Enterprise Associates (NEA), with participation from Lightspeed Venture Partners, as well as a third, outside investor.

The company intends to use the funds to use the funds to continue scaling sales, marketing, support and engineering.

Led by Brian Biles, CEO, Datrium provides a data platform that models public cloud infrastructure-as-a-service (IaaS) eliminating the need for storage arrays, while integrating with multi-vendor enterprise infrastructure. 
The solution is used by more than 50 banking, cloud hosting, health care, public sector, manufacturing, media & entertainment and technology companies.

Early investors include VMware founders Mendel Rosenblum, Edouard Bugnion and Diane Greene, along with Data Domain founder Dr. Kai Li and ex-CEO Frank Slootman.

FinSMEs

05/12/2016

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