Enterprise DaaS software provider Actifio Raises $100M
August 8, 2018
Actifio, a Waltham, Mass.-based enterprise Data-as-a-Service (DaaS) software provider, raised $100m in financing.
The round – which brings the company’s valuation to more than $1.3 billion – was led by Crestline Investors with participation from North Bridge Venture Partners, 83North, Advanced Technology Ventures, Heritage Group, Andreessen Horowitz, and other existing investors.
The company intends to use the funds to continue to grow globally.
Led by Ash Ashutosh, Founder & CEO, Actifio provides multi-cloud data management software solutions – Powered by patented Virtual Data Pipeline™ technology – to more than 3,000 enterprises worldwide for scale and performance to manage databases and deliver Data-as-a-Service, making data the new infrastructure for security, DevOps, analytics, compliance and governance.