Komprise Raises $24M To Support Global Expansion

Komprise, the industry-leader in intelligent data management, yesterday announced it has secured $24M in Series C Investment. This new funding round, which brings the total financing since inception to $42M, will be used globally to boost sales, marketing, product development and customer support.

In 2018, Komprise achieved a number of milestones including:

  • Solid revenue growth of more than 200% quarter-over-quarter
  • A 600% growth of footprint in existing customers who are using Komprise to manage more of their data
  • Enterprise customers are now using Komprise across their entire infrastructure to manage hundreds of petabytes of data
  • Doubling of its employee headcount globally
  • Growth in EMEA
  • The launch of three major product updates

Komprise enables customers to swiftly adapt their data management to suit a range of business requirements. The Komprise Intelligent Data Management Platform allows organizations to manage the complete data lifecycle with data analytics, replication, archive and effortless migration. The solution is designed to address today’s massive scale of data and enables customers to dynamically opt for the right storage solution at the right time, saving money and enhancing data management.

To read more about this round of funding, click here.

About Komprise

Komprise, the industry-leader in intelligent data management across clouds, empowers businesses to efficiently manage today’s massive scale of data growth while unlocking its value. The Komprise mission is to radically simplify data management through intelligent automation. Komprise partners include Western Digital, IBM, NetApp, EMC, Google Cloud Platform, Amazon Web Services, and Azure. Komprise is used by enterprises to intelligently manage data at scale. For more information, go to https://www.komprise.com

To learn more about Komprise and their offerings, click here to contact us.

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