Clumio, a data protection startup, has successfully raised $75 million in a Series D funding round, as reported by TechCrunch. This significant financial milestone comes after the company quadrupled its recurring revenue, indicating strong growth and market demand for its services. Clumio's technology focuses on automating cloud data backup and recovery, catering to companies utilizing public cloud infrastructures. The funding round follows a previous $135 million Series C in November 2019, highlighting the continued investor confidence and the startup's upward trajectory in the tech industry.
Clumio, a data backup and recovery service for companies using the public cloud, raised a $75M Series D, following a $135M Series C in November 2019 (@psawers / TechCrunch) https://t.co/wIlSUMmc8O š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/mIenkVmaK6
Data protection startup Clumio raises $75M after quadrupling its recurring revenue https://t.co/YYaUrdxs44
Clumio raises $75M to automate cloud data backup and recovery: https://t.co/8W1zmXv11c by TechCrunch #infosec #cybersecurity #technology #news
Clumio pockets $75 million D-round https://t.co/TVPXiwSK1I
Clumio raises $75M to automate cloud data backup and recovery https://t.co/fhCmoCfpT4
TechTaka raises $9.5M for its e-commerce fulfillment service: https://t.co/Tpm1Caulta by TechCrunch #infosec #cybersecurity #technology #news