Datrium, the leader in unified hybrid cloud computing and data management, today announced that it has closed an oversubscribed $60M round of Series D funding. Led by Samsung Catalyst Fund, with participation from Icon Ventures, and existing investors NEA and Lightspeed Venture Partners. Michael Mullany of Icon Ventures, who has had a rich career in Silicon Valley including a role as VP of Marketing and Products for VMware, will join the Datrium Board of Directors in conjunction with the financing.
“As a world leader in memory and storage technologies, we’re always looking for novel and innovative ways to advance datacenter technology,” said Shankar Chandran, senior vice president and managing director, Samsung Catalyst Fund. “At this unique moment in time—when data is powering the economy—cutting-edge infrastructure, like Datrium’s hybrid cloud platform, will help enterprises overcome major obstacles in data analysis and storage. We are excited to be an investor in their future.”