Portworx Raises $20M in Series B Funding

Portworx, a Los Altos, CA-based provider of container data services for DevOps, raised $20m in Series B funding.

The round, which brought total funding to $28.5m, was led by Sapphire Ventures, with participation from new investors GE Ventures, Mayfield and others. In conjunction with the funding, Jai Das, managing director of Sapphire Ventures, and Abhishek Shukla, director of GE Ventures and former member of Cisco’s Corporate Development & Ventures Investments, joined Portworx’ board.

The company intends to use the funds to accelerate enterprise sales and deliver new key features in the product roadmap, such as data encryption and access controls, hybrid and multi-cloud data management, and deep integration with container schedulers such as Kubernentes, Docker Swarm and Mesosphere.

Led by Murli Thirumale, CEO and co-founder, Portworx provides scheduler-integrated data services for enterprises running containers in production. With Portworx, users can deploy stateful containers on-premises, in the cloud or in hybrid clouds. The company’s technology is especially suited for solution verticals such as databases, messaging queues, continuous integration and continuous deployment (CICD), big data and content management.
Customers include GE Digital, Lufthansa Systems, University of Toronto, TGen and Fortune 500 banking and entertainment companies.



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