ClearSky Data, a Boston, MA-based provider of a global storage network that manages the entire enterprise data lifecycle, raised $27m in Series B funding.
The round was led by Polaris Partners, with a strategic investment from Akamai Technologies and participation from previous investors General Catalyst and Highland Capital Partners. In conjunction with the funding, Dave Barrett, managing partner of Polaris Partners will join the ClearSky board of directors while Andy Champagne, Andy Champagne, vice president and chief technology officer, Akamai Labs at Akamai Technologies, will join as a board observer.
The company, which has raised $39m in total, intends to use the funds to grow sales, marketing and operations organizations, and add new points of presence (PoPs) in major metro areas.
Led by Ellen Rubin, CEO and co-founder, ClearSky Data operates a global storage network that aims to simplify the entire enterprise data lifecycle as a managed service. The network combines primary storage, backup and disaster recovery with on-demand scaling to deliver data where it is needed. It does it by automatically caching data – moving cold data to the cloud, keeping warm data in metro-based PoPs within 120 miles of customers, and storing a small portion of hot data on-premises.
FinSMEs
02/11/2015