201515 Sep

Datos IO Raises $12.5M Series A Round For Its Big Data Recovery Platform

Summary

The company is launching out of stealth today and is also announcing that it has raised a $12.5 million Series A funding round. The company previously raised a $2.75 million seed round led by True Ventures . The company tells me it plans to use this new influx of capital to build out its engineering and sales teams to bring its product to market and onboard its first revenue-generating customers. Some current early adopters include eBay, Capital One and Threat Stack. Datos IO argues that current next-gen databases lack the recovery tools that enterprise customers require.

Source: Techcrunch

Funding

$2.75M
Amount
Jul 01 2014
Date
-
Investor
Datos IO
Company

Classifications

Companies