Delphix, a provider of data as a service, has announced a $75 million oversubscribed round of funding led by Fidelity Management and Research Company. Additional investors include Credit Suisse NEXT Investors, LLC, a fund managed within Credit Suisse Asset Management, The Kraft Group, and existing investors, including Greylock Partners, Lightspeed Venture Partners, and Icon Ventures.
Founded in 2008, Delphix virtualizes and delivers data across major databases and data warehouses, including Oracle, Oracle RAC, Oracle Exadata, Microsoft SQL Server, IBM DB2, SAP ASE, PostgreSQL, and others. The vendor says it now has more than 15% of the global 500 and 25% of the Global 100 as customers, and supports customers in more than 20 countries around the world.
The company counts SAP, Accenture, Capgemini, Oracle, VMware, and Cognizant among its global strategic partners.
With the additional capital, Delphix plans to expand sales, marketing, and operations globally while maintaining its position in data as a service.
“Applications have become a highly contested battleground for businesses across all industries,” said Jedidiah Yueh, Delphix Founder and CEO. “Data as a service helps our customers complete application releases and cloud migrations in half the time, by making data fast, light, and unbreakable—a huge competitive advantage.”
In addition, the investment will allow the company to invest in cloud, analytics, and data security technologies to drive more value for customers of its Data as a Service platform.
“At Delphix, our mission is to help companies unlock the value of data trapped in heavyweight legacy infrastructure and databases,” said Yueh. “With our virtualization, masking, and self-service delivery technologies, we can deliver data 100x faster than traditional methods, while consuming 10x less infrastructure.”
For more information, go to www.delphix.com.