logo
logo

Trilio Secures $15M in Funding to Accelerate Growth in Cloud-Native Data Protection Market

Dec 09, 2020•almost 5 years ago

Amount Raised

$15 Million

FraminghamCyber Security

Description

Trilio, a leading provider of data protection for cloud-native environments, today announced that it has secured $15 million of funding. Led by SKK Ventures, the round includes participation from Plug and Play and existing investors .406 Ventures and Jack Egan. The funding includes $12 million in Series B growth equity combined with a $3 million+ debt facility from Avid Bank.

Company Information

Company

Trilio

Location

Framingham, Massachusetts, United States

About

Trilio is a leader in cloud-native data protection for Kubernetes, OpenStack and Red Hat Virtualization environments. Our TrilioVault technology is trusted by cloud infrastructure operators and developers for backup and recovery, migration and application mobility. Customers in telecom, defense, automotive and financial services leverage TrilioVault to recover from disasters, migrate workloads, move workloads to new infrastructure and migrate to new software distributions.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech