MayaData To Receive $26M in Funding

Funding Rounds

Summary

MayaData, a Palo Alto, CA-based provider of a Container Attached Storage (CAS) solution for Kubernetes called OpenEBS, is to receive $26m in funding. Insight is participating via DataCore Software, a portfolio company and a leader in software-defined storage, who will also be contributing IP, personnel and additional assets. Capabilities like continuous data protection, advanced mirroring, and performance optimizations will augment MayaData products. The company intends to use the funds to further accelerate product development and adoption and improve its ability to deliver global support to enterprises, governments and service providers. As part of this investment, Don Duet, former CIO of Goldman Sachs and Jay Kidd, former CTO of NetApp and Brocade Communications, have joined the company’s advisory board that also includes Frank Slootman, CEO of Snowflake and former CEO of ServiceNow and DataDomain, as well as other technology industry and community leaders.

$ Funding

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Amount $26.0M Total raised
Date February 4, 2020 Announcement date
Investors Insight Partners, AME Cloud Ventures Lead investors
Company http://www.mayadata.io Funded company

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