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Venture Capital News: Nasuni Secures $20 Million Series C

       
NATICK, MA, Provider of enterprise storage to large, distributed organizations, today announced that it has closed on $20 million in Series C funding from a key new investor.
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Nasuni, a provider of enterprise storage to large, distributed organizations, today announced that it has closed on $20 million in Series C funding from a key new investor. The new funds will be used to expand sales and marketing efforts and to drive continued innovation in the storage-as-a-service market. Previous investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners also participated in the financing.

Nasuni provides a consolidated storage-as-a-service solution for distributed enterprises. Consolidated storage brings all primary storage (i.e. file and block) together with built-in backup, replication, and offsite protection using an on-site appliance connected to the cloud. With Nasuni, IT can deliver a centrally-managed and globally-distributed storage infrastructure that provides file access across multiple locations at local speeds.

"Before Nasuni, it simply was not possible to give dozens of offices across the globe high-performance access to a single storage volume, and customers have responded enthusiastically," said Andres Rodriguez, CEO of Nasuni. "This is not storage tiering or cloud archive, but primary storage delivered as a service. Combining this type of true innovation with the fact that our revenue has grown year over year by a factor of ten, and you can understand why investor interest was so strong. We're thrilled that we were able to add such a respected and complementary new investor to our team, further validating our belief that consolidated storage-as-a-service is the solution that Enterprise organizations are looking for and Nasuni is best prepared to deliver."

About Nasuni

Nasuni is an enterprise storage company that provides globally-distributed organizations with a simple, consolidated storage solution that includes mobile access for all of their remote and branch offices. By combining on-premise hardware with cloud storage, Nasuni delivers a secure, all-in-one data storage solution that provides local performance for users, simplified and centralized management for IT, and an easily scalable, complete remote office storage solution for the enterprise.

Nasuni is privately held and based in Natick, Mass. For more information, visit www.nasuni.com.

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