Clumio Secures $75 Million in Series D

by Kay Aloha Villamor in February 23rd, 2024

Clumio, a Santa Clara, CA-based data backup and recovery provider for companies using the public cloud, has secured $75 million in Series D funding.  

SaaS Investors 

The round was led by Sutter Hill Ventures, with participation from Index Ventures, Altimeter Capital, and NewView Capital.  

Founded in 1962, Sutter Hill Ventures is a venture capital investment firm based in Palo Alto, California. The firm prefers to invest in companies operating in the computer technology, healthcare, software, telecommunication, and consumer sectors.  

Clumio's Use of Funds  

The company will use the funds to support its expansion efforts across industries and cloud platforms amidst increasing demand for cloud backup solutions.  

About Clumio  

Founded in 2017 by Poojan Kumar, Kaustubh Patil, & Woon Jung, Clumio is a backup and recovery solution that helps AWS customers build resilience into their applications, data lakes, and sensitive information. It offers an air-gapped, immutable platform to keep enterprise data secure and separate from production environments. The company is headquartered in Santa Clara, California. 

Funding Details 

Company: Clumio, Inc.   

Raised: $75.0M       

Round: Series D  

Funding Month: February 2023                     

Lead Investors: Sutter Hill Ventures  

Additional Investors: Index Ventures, Altimeter Capital, and NewView Capital  

Company Website:   

Software Category: Backup and Recovery Solution 


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