Datrium Secures $55,000,000 Series C Round

  • Feed Type
  • Date
    12/6/2016
  • Company Name
    Datrium
  • Mailing Address
    385 Moffett Park Drive Sunnyvale, CA 94089 USA
  • Company Description
    Datrium is the leader in Open Convergence for private clouds. Datrium converges storage and compute in a radical new way—modeled on public cloud IaaS versus traditional converged infrastructure or hyper-convergence.
  • Website
    http://www.datrium.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This new financing brings Datrium’s total raised to more than $110 million since inception and provides a deep war chest to continue scaling sales, marketing, support and engineering to bring the benefits of Open Convergence and its flagship product, DVX, to cloud builders around the world.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Undisclosed