Clumio announces $75M Series D and 4X YoY growth in ARR
Isn’t it the worst when you are forced to use two or three tools when you really only need one? Think back at the painful experience of picking up one remote at a time to turn on your television, then your receiver, then your cable box. If there was any inconsistency in the sequence, more than likely something would be all messed up, requiring you to turn everything off and start over again. How great was it when you found a universal remote as a single platform that automated everything and provided consistency in the way things worked?
When looking at the data protection landscape today, it is scattered with different products for different clouds, versus having a consolidated way to protect data consistently in an all cloud world. With data being more and more dispersed across clouds, the challenge of data protection consistency is real. To alleviate this, Clumio had the vision and strategy of building a cloud data platform on the public cloud the right way to enable consistency of data protection.
Today, we are excited to announce that our vision is now a reality with the industry’s first private, public, and SaaS enterprise data protection service on a single platform, with the addition of our first SaaS solution, Enterprise Backup for Microsoft 365.
With the addition of our first SaaS solution, Enterprise backup for Microsoft 365, we now alleviate the many challenges and vulnerabilities mentioned in my previous blog post, The Truth about Data Protection for SaaS with the following benefits:
But the biggest win for enterprises is how amazingly simple it is to get Microsoft protection up and running. To showcase the simplicity, please check out a demo of our Backup as a Service for Microsoft 365 by our very own Jeff Lackey.
So now that we have added SaaS protection to the platform, the last question is, why is having a secure enterprise data protection service that protects all of these workloads on a single platform valuable for the enterprise?
I am sure you are thinking, aren’t there a ton of other private, public, and SaaS data protection products on the market already? Most data protection providers have an on-premises product and a separate cloud or SaaS product and you will want to care deeply about that if you want the benefits listed above.
For example, Rubrik and Cohesity have their on-premises products (briks and nodes) and a separate cloud product that is vastly different (just a snapshot orchestrator – not real backup). Neither product is a SaaS solution. Commvault has two different products; one on-premises for enterprises (not SaaS at all) and one SaaS offering for SMB. Neither support cloud-native data protection and just take an old school approach with agents in EC2 instances. Druva, as we all know, is an SMB player, but they also have two products, one for datacenter and SaaS, and a different one for the cloud assets (also just a snapshot orchestrator – not real backup). All of these products saddle you with compromises that you don’t have to make with Clumio.
We are excited to show you the power of SaaS, the innovation of Clumio, and how a single platform can provide you consistent data protection along your cloud journey!
Until next time, take care and stay SaaSy my friends!