Clumio announces $75M Series D and 4X YoY growth in ARR
Here at Clumio, we’re attacking a common enterprise problem in an uncommon way. The problem entails how to protect various on-premises, public cloud, and SaaS workloads while minimizing risk, complexity and cost. In today’s world of managing the myriad apps and data built in different places on various platforms, organizations find that traditional data protection approaches often end up creating more technical debt than the actual intended benefits. In discussing existing backup solutions with customers over the years, I’ve repeatedly heard comments like, “It’s a pain to manage, but it’s the devil we know,” or “We spend way too much time babysitting backups”, or sadly, “We don’t know if our DR plan even works,” and one that came up recently, “We’ve deployed 3 different backup platforms over the past 4 years.” Sound like anything you’ve heard before? More often than not, the crux of the issue is not people or process, but the inability of technology to scale efficiently1 for variable data protection demands.
Just over 2 years ago, Clumio started with a clean slate to address the data protection scaling challenge head on. By having no roots in the data center or a business model beholden to large capital outlays and tech refresh cycles, we could start fresh and harness the nearly infinite resources of public cloud and its dynamic scaling attributes. We also understood that most IT organizations’ core strengths aren’t in building and running backup infrastructure, but in other value creation opportunities. This modern perspective drove us to build a SaaS platform for enterprise data protection, with zero dependencies on legacy data center components like fixed, stateful appliances and distributed software deployments. If we could take something really complex and pervasive, and tackle it with ingenuity on a cloud scale, then we knew we’d have something special. As a result, we’ve enabled a drastically simplified, scale on-demand backup experience for our customers. Clumio’s data platform is built with cloud-native, decoupled resources that dynamically scale as demands change, with ongoing iterative optimizations, ensuring that neither we nor our customers accumulate technical debt, even under hyper-growth scenarios and as new functionality is rolled out. Since we steer clear of an appliance-based approach that’s bound to fixed resources (physical or virtual, scale up or scale out—they’re still fixed!), it’s easier for us to unlock supplemental services and capabilities without forcing customers to deploy more instances or incur additional costs of infrastructure, whether on-premises or in the cloud. For the occasional work that requires a predefined instance of compute, we containerize apps to optimize resources, portability, and extensibility.
Below are a few specifics on how Clumio’s scaling model translates to a great customer experience:
So how do all of these thoughtful design considerations solve the issue of technology scaling to protect various workloads across multiple clouds and SaaS? Let’s return to the core problems that customers want to minimize:
Clumio exists to provide a modern, flexible, and scalable enterprise data platform so customers can continue their cloud journey without introducing risk, complexity and cost—any of which can hinder velocity and innovation. No one wants to accumulate more technical debt, and Clumio is a data protection solution that is, simply put, debt free. Come check us out and challenge our experts to solve your data protection problems in this brave new world. We look forward to connecting with you!
1What do I mean by ‘scale efficiently’? At a high level, technology offers different scaling types (software, hardware) and approaches (vertical/scale-up, horizontal/scale-out), and one size doesn’t fit all. As a result of software development, tech modernization and adding new lines of business, an organization’s infrastructure and app scaling requirements change. It’s critical for businesses to increase agility in order to respond to the rapidly changing needs of their customers and market dynamics. Today, leveraging public cloud and SaaS are the most effective ways for organizations to unlock the agility of IT services that they need to compete effectively in this era of rapid change. Why? Because public cloud and SaaS offer the most immediate and flexible scaling capabilities, all on-demand and with the least upfront investment.