Igneous Systems raises $25m

Igneous Systems has slurped in $25m investment to fund sales efforts and technology development. Total Igneous funding is now $66.7m.

Seattle-based Igneous was founded in 2013 and took in $12m in a B-round in January 2018. At that time it was developing an Arm-powered and petabyte-scale unstructured data backup, archive and storage system with a public cloud backend.

Seven months later it had evolved into a data management supplier based on commodity hardware. A core NAS backup feature morphed into a data management services offering. At the same time the company developed deeper API-level integration with Pure Storage’s FlashBlade, Isilon OneFS systems and Qumulo Core filers. Igneous software can backup generic NAS file systems with parallel, latency-aware data movement.

Now Igneous says it offers UDMaaS – Unstructured Data Management as a service – covering file and object data, and providing data protection, movement and discovery. Cloud backends for tiering off data include the big three: AWS, Azure and Google Cloud platform.

Igneous software is API-enabled and cloud-native and the company says it handles petabyte scaling. Competitors include Actifio, Cohesity, Komprise, Rubrik and IBM’s Spectrum Discover.

Anthony Bontrager, managing director at lead investor WestRiver Group, said: “Igneous is uniquely positioned to enable enterprises to unlock the value of their datasets and simultaneously reduce their risk profile. This is a complex problem that Igneous has tackled with impressive technology services.”


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