Actifio Selected as One of “50 Start-Ups to Watch” by Dow Jones VentureWire
November 8, 2010
Data Management Virtualization Leader Makes Prestigious List Based on Product Innovation, Influential Investors and Ability to Execute on Next-Generation Data Protection Market
WALTHAM, MA – November 8, 2010 – Actifio™, the leader in Data Management Virtualization (DMV), today announced that Dow Jones VentureWire has named it to its list of ’50 Start-Ups to Watch’. Aided by an advisory board of 10 seasoned venture capitalists, VentureWire examined hundreds of early-stage technology companies that have raised no more than two rounds of venture capital financing to select the 50 companies they felt were most promising.
The start-ups were chosen based on a variety of criteria, according to the Wall Street Journal blog Venture Capital Dispatch. Some companies have already shown value in the marketplace, while some have entirely innovative products. The start-ups may have attracted influential investors, or their founders are proven entrepreneurial successes. Some of the ‘50 Start-Ups to Watch’ have several of these attributes. The WSJ blog also noted that, “Venture capitalists often say the best start-ups are funded during recessions because these companies know how to keep operations lean and mean.”
Actifio introduced its groundbreaking Data Management Virtualization software suite, including ActifioTM DP for data protection, ActifioTM DR for disaster recovery and ActifioTM BC for business continuity, in August 2010. To date, the company has raised two rounds of venture financing totaling $24 million.
Actifio Data Management Virtualization Solution Changing the Dynamics for Data Protection
Actifio’s Data Management Virtualization solution combines single SLA, VirtualData™ Pipeline and storage virtualization technologies to deliver seamlessly managed data protection, disaster recovery and business continuity solutions that are optimized for bandwidth, capacity and performance. Solutions based on this technology co-exist with other data management applications ensuring investment protection and seamless migration.
The Actifio software suite consists of Actifio™ DP, for data protection, Actifio™ DR, for disaster recovery and Actifio™ BC, for business continuity. Built on Actifio’s VirtualData Pipeline™ (VDP) technology, these solutions are the first of a series of data management applications, offering radical simplicity, unprecedented agility, and up to 90 percent lower cost.
“Data Management Virtualization is a game changing technology, much like the breakout paradigm shift of server virtualization. The result is a single, integrated data management solution that drives down costs by copying less, storing less and moving less while transforming the traditional data center into a virtual IT infrastructure,” said Ash Ashutosh, president and CEO, Actifio. “Being named one of VentureWire’s ’50 Start-Ups to Watch’ is a strong validation of our value proposition to the users, our technology superiority, the pedigree of our investors and the caliber of our executive team to execute on this multi-billion market opportunity.”
Actifio delivers a next-generation data management solution with radical simplicity, unprecedented agility and up to an order of magnitude lower cost. Based on Data Management Virtualization (DMV) technology, Actifio transforms individual silos of point tools into a unified solution using efficient pipelined management across the data lifecycle. The company’s patent-pending DMV technology delivers unified data protection, disaster recovery and business continuity across the data lifecycle for virtual and physical IT environments.
For more information, please visit: https://www.actifio.com/.