Datrium Raises $60M in Series D Funding

datriumDatrium, a Sunnyvale, CA-based provider of a server flash storage system, raised $60m in Series D funding.

The round was led by Samsung Catalyst Fund, with participation from Icon Ventures, and existing investors New Enterprise Associates and Lightspeed Venture Partners. In conjunction with the funding, Michael Mullany of Icon Ventures will join the Datrium Board of Directors.

The company will use the funds to expand operations and its business reach.

Led by Tim Page, CEO, Datrium provides a hybrid cloud computing and data management solution, integrating on-prem infrastructure control with public cloud agility, SAN reliability and scalability with HCI simplicity, and all-flash array performance with invisible backup protection. DVX storage gets its speed from commodity, Bring Your Own (BYO) compute and SSDs on stateless servers, so storage for VMs is easy to scale, efficient, and dynamic.

The DVX will be ideal for enterprise applications, including VDI, test and development, and server VM consolidation.



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