About Clumio
Clumio offers data protection and backup services for Amazon Web Services (AWS) users, focusing on securing data against cyberattacks and operational disruptions. Their serverless and agentless platform simplifies the backup process by automatically identifying and backing up necessary data, which helps customers save over 30% on backup costs. Clumio's service ensures that stored data is immutable and undeletable, providing strong protection against threats like ransomware. Additionally, they assist businesses in meeting regulatory compliance through secure backups and easy reporting.
San Jose, CaliforniaHeadquarters
2017Year Founded
$292.8MTotal Funding
SERIES_DCompany Stage
Data & Analytics, Enterprise Software, CybersecurityIndustries
201-500Employees
Risks
Integration with Commvault may cause service disruptions or customer dissatisfaction.
Executive changes could lead to strategic shifts unsettling customer relationships.
Over-reliance on AWS exposes Clumio to risks from potential partnership changes.
Differentiation
Clumio offers a unified backup solution for on-premises and cloud environments.
Their platform is serverless and agentless, simplifying deployment and management for customers.
Clumio's data protection is immutable and undeletable, enhancing security against cyberattacks.
Upsides
Rick Underwood's leadership is expected to drive growth and innovation at Clumio.
Commvault's acquisition could enhance Clumio's market reach and resource availability.
Growing demand for cloud-native data protection boosts Clumio's market potential.
Funding
Total raised$292.79 M
Latest valuation$675.00 M
StageSERIES_D
SERIES D
1/31/2024$75
$675.00 MSERIES C
10/31/2019$135
$675.00 MSERIES B
7/31/2019$40
$200.00 MSERIES A
9/30/2017$11
$55.00 M