{"id":36262,"date":"2018-09-13T16:11:40","date_gmt":"2018-09-13T16:11:40","guid":{"rendered":"https:\/\/www.cloudcomputing-news.net\/news\/2018\/sep\/13\/datrium-secures-60m-series-d-funding-go-beyond-hyperconverged-infrastructure\/"},"modified":"2018-09-13T16:11:40","modified_gmt":"2018-09-13T16:11:40","slug":"datrium-secures-60m-series-d-funding-to-go-beyond-hyperconverged-infrastructure","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/datrium-secures-60m-series-d-funding-to-go-beyond-hyperconverged-infrastructure\/","title":{"rendered":"Datrium secures $60m series D funding to go beyond hyperconverged infrastructure"},"content":{"rendered":"

<\/p>\n

Datrium, a California-based hybrid cloud infrastructure provider, has raised $60 million (£45.8m) in series D funding, with the aim of helping enterprises ‘overcome major obstacles in data analysis and storage.’<\/p>\n

The round was led by Samsung Catalyst Fund, as well as featuring new participation from Icon Ventures. NEA and Lightspeed Venture Partners – who regular readers of this publication would recognise as investors in Netskope<\/a>, CloudBees<\/a> and Zscaler<\/a> among others over the years – also participated in the oversubscribed round.<\/p>\n

The company’s primary offerings are based around its DVX product, for cloud and on-premises which promises 10 times the speed and scale of legacy hyperconverged infrastructure, as well as cloud backup and cloud disaster recovery orchestration.<\/p>\n

Datium claims it is pioneering the area of 2-layer infrastructure, which represents a step up from traditional hyperconverged infrastructure. As CEO Tim Page recently put it to The Silicon Review<\/a>, the company provides ‘a single management interface across enterprise data centres and public cloud so IT can administer the hybrid cloud at the virtual machine level supported by real-time analytics and without all the detailed configuration time of traditional data centre infrastructure.’<\/p>\n

Customers include Fortune 100 companies across industries such as financial services, healthcare, manufacturing and entertainment.<\/p>\n

“We are thrilled to partner with Samsung and Icon Ventures to expand our technical and geographical momentum,” Page said in a statement. “Enterprises globally have the same problems in simplifying compute and data management across on-prem and cloud. Where SANs don’t even have a path to cloud, traditional HCI has too many trade-offs for core data centres – backup requires separate purchasing and administration, and cloud DR automation is seldom guaranteed. Larger enterprises are realising that Datrium software offers them a simpler path.”<\/p>\n

The data centre landscape continues to change. Hyperscalers are ruling the roost, with capex continuing to rise<\/a>. Cloud leads the way – Cisco said in February that cloud traffic will represent 95% of total data centre traffic<\/a> by 2021 – so it’s a race against time for organisations trying to build through their legacy stacks with one hand while driving towards cloud with the other.<\/p>\n

Total funding for Datrium now stands at $170 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

Datrium, a California-based hybrid cloud infrastructure provider, has raised $60 million (£45.8m) in series D funding, with the aim of helping enterprises ‘overcome major obstacles in data analysis and storage.’
\nThe round was led by S…<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-36262","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/36262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=36262"}],"version-history":[{"count":2,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/36262\/revisions"}],"predecessor-version":[{"id":36403,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/36262\/revisions\/36403"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=36262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=36262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=36262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}