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

Aug 9, 2018 - Actifio (, 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 ( 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 ...]
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