Datos IO, a San Jose, Calif.-based provider of a recovery platform for next-generation databases, emerged from stealth raising $15.25m in seed funding.
The company, which received $2.75m in seed funding and $12.5m in Series A funding, intends to use the funds to build the sales and engineering teams needed to bring the product to market, onboard the first customers and continue product innovation.
Backers included Lightspeed Venture Partners and True Ventures and some unnamed angel investors. In conjunction with the funding, John Vrionis, partner at Lightspeed Venture Partners, and Puneet Agarwal, partner at True Ventures, will be joining Datos IO’s board of directors.
Founded by former Data Domain (EMC), Veritas and IBM Research veteran Tarun Thakur, CEO, and Dr. Prasenjit Sarkar, CTO, who spent more than 15 years at IBM Research. for a total of $15.25 million, Datos IO provides enterprise-class recovery products for applications and scale-out databases such as Cassandra, MongoDB, HBase, Amazon DynamoDB, Google BigTable and Spark.
The company allows enterprises to manage these applications and extract value from their data and metadata via advanced data management services.
Datos IO now is announcing its Early Access Program (EAP) with the product generally available in 2016.
FinSMEs
16/09/2015