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Cloud Computing Cloud Security Data Storage Enterprise Software North America SaaS

OwnBackup Approaches $3.35 Billion Valuation with Series E Investment; Expands its Leading Cloud-to-Cloud Data Protection to Microsoft

– OwnBackup has raised $240m in Series E funding.
– The round was led by Alkeon Capital and B Capital Group, including a secondary investment in the company by BlackRock Private Equity Partners and Tiger Global.
– Existing investors Insight Partners, Salesforce Ventures, Sapphire Ventures, and Vertex Ventures also participated.
– The company has cumulatively raised nearly $500m, resulting in a $2bn valuation increase in six months.
– OwnBackup plans to expand its comprehensive backup and recovery solutions across other cloud platforms later this year, beginning with Microsoft.
– OwnBackup will help Dynamics 365 customers meet complex regulatory requirements and eliminate data disruptions due to user and integration errors.

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Blockchain Cloud Infrastructure Cloud Security Cloud Storage Data Storage Information Technology Internet Western Europe

Internxt gets $1M to be ‘the Coinbase of decentralized storage’

– Valencia-based startup Internxt has raised $1M in seed funding.
– The round was led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture City.
– The funds will be put towards its next phase of growth — its month-to-month growth rate is 30% and it tells us it’s confident it can at least sustain that — including planning a big boost to headcount so it can accelerate product development.
– The Spanish startup has spent most of its short life to date developing a decentralized infrastructure that it argues is both inherently more secure and more private than mainstream cloud-based apps (such as those offered by tech giants like Google).

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Cyber Security Data Storage Information Services North America

Calamu Technologies raises $2.4M to advance data fragmentation platform

– Calamu Technologies has raised $2.4m for its approach to securing data in a safe harbor spanning three separate platforms, using a data fragmentation platform to make it difficult for cybercriminals to reconstitute stolen data.
– All three locations where Calamu Protect stores data would have to be compromised before a cybercriminal could bring those pieces back together.
– That same data, however, is still always immediately accessible by its rightful owners, said Calamu Technologies CEO Paul Lewis.
– “The safe data harbor spans multiple public clouds,” he said.
– Calamu Protect also constantly monitors the integrity of the data. If it detects an anomaly, Calamu Protect will automatically thwart a ransomware attack while its built-in redundancy capability ensures data remains accessible, Lewis said.

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Analytics Data Storage Eastern Asia Software

Taos Data Closes $47M Series B Financing

– Taos Data is a Beijing, China-based IoT big data platform.
– The company closed $47m Series B financing.
– The round was led by Matrix Partners China, with participation from Sequoia Capital China, GGV Capital, and Index Capital.
– The new investment will be used for technology development and market expansion.

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Cyber Security Data Storage Information Services North America

Calamu Raises $2.4 Million Seed to Pioneer Auto-Healing Data Protection; Launches Advisory Board and Expands Board of Directors

– Calamu Raises $2.4 million seed to pioneer auto-healing data protection; launches advisory board and expands board of directors.
– The company was founded by Paul Lewis, a successful entrepreneur with multiple exits to the Fortune 500.
– Calamu creates the world’s first safe data harbor – a virtual environment for businesses to place their data without worrying about ransomware or data breaches, or having any of the ill effects commonly experienced with a cyber attack such as downtime or reputational damage.
– Calamu enables businesses to realize the full potential of public cloud storage without the risks of a cyber attack such as downtime, lost data, bad press or costly financial exposure.
– Calamu simplifies compliance with various data privacy regulations, protecting organizations from hefty fines.

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Cloud Data Services Cloud Security Compliance Data Storage Enterprise Software North America SaaS Software

Druva Secures $147 Million Investment to Extend Market Leadership

– Druva announced a $147m investment as the company rapidly scales in response to accelerated demand for its platform.
– The round was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman, each of which manage more than $300 billion in net assets.
– As organizations quickly move workloads to cloud environments, adopt SaaS solutions, and combat rising cyber threats, this new investment will fuel continued expansion of Druva Cloud Platform to meet today’s unprecedented needs, and extend the company’s industry leadership as it defines tomorrow’s data protection.
– Druva is the leader in Cloud Data Protection and Management.

Cloud Computing Cloud Storage Data Storage Database Enterprise Software Europe Software

StorageOS Raises $10M in Series B Funding

– StorageOS from London develops a cloud native storage management platform to strengthen the cloud native storage industry.
– Series B $10m round brings company valuation to more than $50m.
– The round was led by Downing Ventures with participation from Bain Capital Ventures, Uncorrelated Ventures and MMC Ventures and new investor Chestnut Street Ventures.
– The new investment will be aimed at scaling the company’s sales and customer facing technology teams.

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