Amazon AWS: Clumio raises $75m in new funding round

Feb 22, 2024 | Posted by Abdul-Rahman Oladimeji

Public cloud data backup and recovery provider Clumio has raised $75m in a Series D round of funding led by Sutter Hill Ventures. Existing investors Index Ventures and Altimeter Capital, as well as new investor NewView Capital also participated in this round of funding. 

“Few markets are as big as backup and recovery," said Mike Speiser of Sutter Hill Ventures. "While many legacy vendors offer products for on-premise data protection, backup and recovery at public cloud scale is a significant technical challenge that Clumio is uniquely positioned to solve."

Clumio's CIO Poojan Kumar told TechCrunch: "Clumio overcomes this challenge by delivering a default air-gapped, ‘immutable’ platform that keeps enterprises’ data secure from such adversarial incidents. Unlike other vendors, we don’t deploy any heavy file systems or compute in the customer’s account to optimize storage,” Kumar added. “We leverage our serverless data processing engine in AWS to perform all core backup operations. Having said that, we do plan to expand our data plane to other clouds this year.”