StorSimple, provider of Enterprise Cloud Storage for Windows and VMware infrastructures, has announced a Series C round of funding to the tune of $10.5 million.
The round was led by Ignition Partners and included participation by all of StorSimple’s previous investors, including Index Ventures, Mayfield Fund and Redpoint Ventures. This latest round brings the company’s total funding to $31.5 million and will fund accelerating the growth of the company due to significantly increased demand both in the U.S. and internationally.
StorSimple securely and transparently integrates the cloud into on-premises applications and offers a single appliance that delivers high-performance tiered storage, live archiving, cloud based data protection and disaster recovery, reducing cost by up to 90 percent compared to traditional enterprise storage.
StorSimple is based in Silicon Valley.