Actifio Raises $100 Million, Now Valued at $1.3 Billion
August 8, 2018
WALTHAM, MA – Actifio, an enterprise Data-as-a-Service (DaaS) software provider, announced that it 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.
The investment brings the company’s valuation to more than $1.3 billion, Actifio said in a statement.
Ash Ashutosh, Founder & CEO of Actifio, said, “Every day, we deliver on our mission of enabling global enterprises to accelerate their businesses by unlocking the strategic value of data – on-premises or across a multi-cloud architecture. Organizations worldwide use Actifio software to deliver Data-as-a-Service, making data the new infrastructure for security, DevOps, analytics, compliance and governance. Using the hardware and infrastructure of their choice, on-premises, in public cloud and hybrid multi-cloud. Crestline gets this. We are excited to partner with Crestline to further accelerate data-driven business transformation initiatives in the global market.”