StorageOS Secures $10 Million in Series B Funding
StorageOS gives customers total control of their storage environment, whether on-premises or in the cloud. By delivering persistent storage to applications in container environments, users can achieve all the business benefits of containers and orchestrators.
We're excited to be backing Alex and the StorageOS team again alongside Bain capital Ventures and new investors Downing and Chesnut Ventures. We backed the team first in 2018 when they raised series A - you can read about that here. This latest funding brings the total funding raised to date by StorageOS to $20 million.
“Securing a further significant round of funding is an important step in the development of the business and a huge vote of confidence in our team, technology and achievements to date,” said Alex Chircop, Founder and CEO, StorageOS. “Working alongside a group of committed investors, including those who have supported us during our previous funding round, has been key to the growth of the business and we’re looking forward to building on our strategy worldwide.”
StorageOS has already seen more than 4,000 customers globally implement its software-defined storage solution. The company will now invest further in its go-to-market strategy and scale its sales and customer facing technology teams to build its customer base and revenue.
“We’re excited to be supporting Alex and the StorageOS team again. The business has made excellent progress since we first invested, and across the market adoption of containers and Kubernetes has skyrocketed," said Simon Menashy, Partner, MMC Ventures. "We invest across the cloud infrastructure stack and software-defined storage is a key missing piece of the puzzle. It's clear that StorageOS has the leading solution in the market.”