Volumez, a Santa Clara, CA-based modern cloud infrastructure company, announced that it completed a $20 million Series A financing.
The round was led by Koch Disruptive Technologies, with participation from existing investors, Viola Ventures and Pitango.
Volumez will use the funds to expand its customer base and grow its business operations in the U.S. while maintaining R&D execution in Israel.
The company's innovative controller orchestration software harnesses the power of Linux to quickly execute modern data infrastructure workloads using a declarative interface that makes it easy to deploy a wide variety of applications in hybrid and multi-cloud environments.
Company: Volumez Technologies Ltd.
Raised: $20.0M
Round: Series A
Funding Month: April 2023
Lead Investors: Koch Disruptive Technologies
Additional Investors: Viola Ventures and Pitango
Company Website: https://volumez.com/
Software Category: Data Infrastructure
About the Company: Volumez is revolutionizing modern data infrastructure. The pervasive adoption of large-scale data analytics, artificial intelligence, and machine learning systems across industries has created an unprecedented challenge. The company's innovative controller-less architecture composes direct Linux data paths between media and applications, solving latency and scalability issues and unlocking consistently high performance and high resiliency.
Source: https://www.prnewswire.com/news-releases/volumez-secures-20-million-in-series-a-funding-to-revolutionize-cloud-infrastructure-301802168.html