MayaData, a Palo Alto, CA-based provider of a Container Attached Storage (CAS) solution for Kubernetes called OpenEBS, is to receive $26m in funding.
Backers included AME Cloud Ventures and Insight Partners. Insight is participating via DataCore Software, a portfolio company and a leader in software-defined storage, who will also be contributing IP, personnel and additional assets. With this technology partnership, MayaData will use DataCore resources that have served the needs of more than 10,000 customers for data storage for business-critical applications. Capabilities like continuous data protection, advanced mirroring, and performance optimizations will augment MayaData products.
The company intends to use the funds to further accelerate product development and adoption and improve its ability to deliver global support to enterprises, governments and service providers.
Led by Evan Powell, co-founder and CEO, MayaData provides a data agility company that offers software to accelerate the building and operations of stateful applications on Kubernetes based clouds, whether on-premises, on public or hybrid clouds. Customers and users include Comcast, Bloomberg, Arista, Orange and Optoro. As part of this investment, Don Duet, former CIO of Goldman Sachs and Jay Kidd, former CTO of NetApp and Brocade Communications, have joined the company’s advisory board that also includes Frank Slootman, CEO of Snowflake and former CEO of ServiceNow and DataDomain, as well as other technology industry and community leaders.
FinSMEs
04/02/2020