Actifio is a rising star in the enterprise storage startup world and it’s the brainchild of founder and CEO Ash Ashutosh.
Actifio helps enterprise save money on storage by eliminating the extra copies of the same bits of data that a company stores over and over again.
Prior to founding Actifio, Ash was a VC with Greylock Partners. Prior to that, he founded two companies and guided them to successful exits. The last one was AppIQ acquired by HP.
Actifio recently closed a $50 million round with a $500 million valuation. Total funding is $107 million from Andreessen Horowitz and others.