Datrium secures $60m series D funding to go beyond hyperconverged infrastructure

Datrium, a California-based hybrid cloud infrastructure provider, has raised $60 million (£45.8m) in series D funding, with the aim of helping enterprises ‘overcome major obstacles in data analysis and storage.’ The round was led by Samsung Catalyst Fund, as well as featuring new participation from Icon Ventures. NEA and Lightspeed Venture Partners – who regular readers of this publication would recognise as investors in Netskope, CloudBees and Zscaler among others over the years – also participated in the oversubscribed round. The company’s primary offerings are based around its DVX product, for cloud and on-premises which promises 10 times the speed and scale of legacy hyperconverged infrastructure, as well as cloud backup and cloud disaster recovery orchestration.