Aug, 2018 : Multi-Cloud Data Management Company Actifio Raises $100M


Aug 9, 2018 - Actifio (actifio.com), an enterprise Data-as-a-Service (DaaS) software provider with its platform powered by patented Virtual Data Pipeline technology, has raised $100 million in a financing round led by Crestline (crestlineinvestors.com) Investors and joined by North Bridge Venture Partners, 83North, Advanced Technology Ventures, Heritage Group, Andreessen Horowitz, and other existing investors. Together they plan to capitalize on a $50B market opportunity as enterprises embrace multi-cloud Data-as-a-Service.

The investment would bring Actifio‘s valuation to more than $1.3 billion. The company is currently delivering its multi-cloud data management software solutions to more than 3,000 [...][... Check source for end of article ...]
Tags: Cloud Hosting News Ash Ashutosh Cloud-Native Architectures daas Hybrid Steve Duplessie Will Palmer

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