Clumio makes its SaaS-based back up debut with $51M in funding

cloud
Clumio announces $51 million in funding as well as its SaaS platform for enterprise backups in the cloud. (Getty Images)

Santa Clara, Calif.-based Clumio came out of stealth mode on Tuesday announcing $51 million in funding as well as its software-as-a-service (SaaS) backup platform for enterprises.

Led by Sutter Hill Ventures, Clumio brought in $11 million in Series A funding in October 2017 followed by the remaining $40 million Series B funding round in November 2018, which was led by Index Ventures along with significant participation from Sutter Hill Ventures. Several notable individuals also participated in the funding including Mark Leslie, founder of Veritas Technologies and John Thompson, chairman of the board at Microsoft.

Clumio was founded in 2017 by serial entrepreneur Poojan Kumar—the co-founder and former CEO of PernixData that was acquired by Nutanix—along with Woon Ho Jung and Kaustubh Patil, who had previous engineering stops at VMware and Nutanix.

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While backing up critical enterprise data in the cloud by using a combination of hardware and software has been an ongoing trend, Clumio is seeking to eliminate on-premise hardware in favor of more flexible SaaS-enabled, cloud-based back up solutions.

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Clumio is a secure, backup-as-a-service offering that consolidates the protection of an enterprise data center and any remote sites with no hardware or software to size, configure, manage—or even buy at all. As enterprises move aggressively to the cloud, they can use Clumio to protect workloads such as VMware Cloud on Amazon Web Services (AWS) and native AWS services.

“Enterprise workloads are being ‘SaaS-ified’ because IT can no longer afford the time, complexity and expense of building and managing heavy on-prem hardware and software solutions if they are to successfully deliver against their digital transformation initiatives,” said Kumar, in a statement. “Unlike legacy backup vendors, Clumio SaaS is born in the cloud. We have and can leverage the most secure and innovative cloud services available, now and in the future, within our service to ensure that we can meet customer requirements for backup, regardless of where the data is.”

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