Actifio Raises $100 Million to Accelerate Growth
WALTHAM, Mass., Aug. 7, 2018 /PRNewswire/ — Actifio, the world’s leading enterprise Data-as-a-Service (DaaS) software provider, today announced 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, which brings the company’s valuation to more than $1.3 billion, is a testament to Actifio’s established leadership in delivering multi-cloud data management software solutions to more than 3,000 enterprises worldwide.
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.”