Clumio, the data protection-as-a-service startup, has added SaaS Backup for AWS and bagged $135m in a C series round.
Clumio’s Cloud Data Fabric uses AWS S3 object storage and backs up VMware virtual machines running vSphere (on-premises) or in VMware Cloud (AWS).
According to the company, its SaaS Backup for AWS is superior to backups that use snapshots stored in the source AWS account. The service backs up apps in AWS accounts that use EC2 and EBS and stores them in a separate account. If the source account is compromised – by malware, for example – IT admins use the Clumio backup to restore the VMs and data.
Spend! Spend! Spend!
Clumio wants to replicate Veeam’s success and server virtualization focus – but do it in the cloud. The startup cites IDC estimates that data protection-as-a-service will grow to over $10bn annualised revenues by 2022.
Mike Speiser, MD of Sutter Hill Ventures, a lead investor in Clumio’s C-series, said: “Similar to Snowflake disrupting the data warehousing market by leveraging the scale, elasticity and economics of the public cloud, Clumio is building a globally consolidated data protection service the right way.”
Clumio will spend the latest funding slug on hiring software engineers and marketing, services and channel programs. The company also mentions expanded workload support. We infer this to mean Microsoft and Google Cloud Platform support is on the cards.
Funding has ramped steeply since Clumio set up in 2017, when it bagged $10.4m. In 2018 it secured $40.6m in a B round and total funding is now $186m.
