Data-as-a-service specialist Delphix announced this week that the company has concluded a $75m funding round that will be used by the company to bolster its cloud and security capabilities.
The funding round, led by Fidelity Management and Research Company, brings the total amount secured by the company to just over $119m since its 2008 founding.
Delphix offers what is increasingly referred to as data-as-a-service, though a more accurate way of describing it does is offer data compression and replication-as-a-service, or the ability to virtualise, secure, optimise and move large databases – whether from an application like an ERP or a data warehouse – from on-premise to the cloud and back again.
It offers broad support for most database technologies including Oracle, Oracle RAC, Oracle Exadata, Microsoft SQL Server, IBM DB2, SAP ASE, PostgreSQL, and a range of other SQL and NewSQL technologies.
The company said the additional funding will be used to expand its marketing activities and “aggressively invest” in cloud, analytics and data security technologies in a bid to expand its service capabilities.
“Applications have become a highly contested battleground for businesses across all industries,” said Jedidiah Yueh, Delphix founder and chief executive.
“Data as a Service helps our customers complete application releases and cloud migrations in half the time, by making data fast, light, and unbreakable—a huge competitive advantage,” he said.