Trilio, a Framingham, MA-based provider of cloud-native data protection solutions, raised $17M in Series B funding.
The additional funding was led by SKK Ventures with participation from T-Mobile Ventures, Wayra Telefónica Innovation, Raiven Capital, Genesis Accel, .406 Ventures and Jack Egan. This brings Trilio’s total capital raised to $36M.
The company intend sto use the funds to increase focus on product development, engineering and customer operations.
Led by CEO Massood Zarrabian, Trilio is a leader in cloud-native data protection and management for applications using Kubernetes and OpenStack. The TrilioVault technology is used by cloud architects and DevOps engineers for backup and recovery, migration, ransomware protection and application mobility. Customers in telecom, defense, automotive and financial services leverage TrilioVault to migrate to new cloud infrastructure, recover quickly from ransomware attacks and comply with disaster recovery protocols.
David Safaii, who has been CEO since 2014, has transitioned to the role of Executive Chairman of the Board, focusing on the strategic needs of the organization, including corporate and business. Additionally, the company announced Christina Lattuca as CFO and VP of Operations. Lattuca joins Trilio to lead the company’s finance, accounting, business intelligence, legal and human resources functions.development.
FinSMEs
12/12/2022