Clumio, a Santa Clara, Calif.-based provider of SaaS solutions for enterprise backup, raised $51M in Series A and B funding rounds.
The rounds include:
– a Sutter Hill Ventures-led Series A round; and
– a Series B round driven by Index Ventures with participation from Sutter Hill Ventures and individuals including Mark Leslie, founder of Veritas Technologies, and John Thompson, chairman of the board at Microsoft.
Founded in 2017 by serial entrepreneur Poojan Kumar, co-founder and former CEO of PernixData (acquired by Nutanix [Nasdaq:NTNX]), alongside Woon Ho Jung and Kaustubh Patil, who bring engineering and leadership backgrounds from VMware and Nutanix, Clumio is a backup as a service that consolidates the protection of an enterprise data center and any remote sites with no hardware or software to size, configure, manage or buy.
With this product, enterprises can eliminate hardware and software for on-premise backup and avoid the complexity and cost of running 3rd party backup software in the cloud and protect on-premise, VMware Cloud for AWS, and native AWS service workloads.
FinSMEs
13/08/2019