Hedvig, a Santa Clara, CA-based provider of a software-defined storage platform, closed a $21.5m Series C funding.
Backers included Singapore-based EDBI and Hewlett Packard Pathfinder, part of Hewlett Packard Enterprise (HPE), Atlantic Bridge Ventures, including its Oman Technology Fund, and existing investors True Ventures and Vertex Ventures.
The company, which has raised a total of $52m to date, intends to use the funds to expand into new markets, develop cloud and backup solutions for large enterprises and grow its engineering, sales and channel teams.
Led by Avinash Lakshman, founder and CEO, and newly hired SVP of Worldwide Sales and Field Operations Ediz Ertekin, Hedvig provides software-defined storage for enterprises building private, hybrid, or multi-cloud environments. The Hedvig Distributed Storage Platform is designed for both primary and secondary data, ideal for legacy, modern, and backup workloads.
Customers include BNP Paribas, DGC, LKAB, and Mazzetti etc.