JetStream Software Inc., a provider of cloud data protection, is receiving Series A funding of $7.7 million to advance the company’s unique technologies. The company’s platform enables managed service providers (MSPs) and cloud service providers (CSPs) to deliver disaster recovery as a service (DRaaS) and continuous data protection to enterprise customers, government agencies, and research and educational organizations.
Led by Digital Alpha Advisors, LLC, the Series A investment is also supported by JetStream Software’s private and institutional seed investors. New to the funding round is Illuminate Ventures. The investment will support continued product development, innovative go-to-market strategies, and increased engagement with key strategic partners.
JetStream Software’s flagship product, JetStream DR, is a solution designed specifically for cloud-based disaster recovery and business continuity.
The software empowers service providers to deliver near-zero recovery point objectives (RPOs) to maximize data protection as well as near-zero recovery time objectives (RTOs) to maximize system recovery and availability.
Additional technical innovations include:
- Differentiated New Technology: Continuous data replication through VMware vSphere IO Filters
- Unmatched Performance: Robust, high-throughput, fault-tolerant data replication and VM failover to recovery sites
- Cost Efficiency: Direct data replication into any S3-compatible object store, for data recovery
The JetStream DR software is compatible with any type of datastore, including VMware Virtual SAN or Virtual Volumes, traditional block or file storage, or any hyper-converged infrastructure (HCI) from any vendor.
MSPs/CSPs can provide VM recovery for all types of customers from a single, centrally-managed environment to a large-scale data center infrastructure.
With the scalability and cost efficiency of VM recovery from object storage, plus compatibility with all types of virtualized environments, JetStream DR enables MSPs/CSPs to realize cloud economics in their DR service offerings.
By replacing legacy, single-tenant data protection systems and recovery processes running on-premises, customers benefit from more convenient adoption and management, better performance, and overall lower cost of ownership.
The investment decision process included rigorous technical testing, commercial validation from channel partners, and synergy with the Digital Alpha cloud portfolio, including Cloudian and UKCloud.
In conjunction with the investment, Digital Alpha Principal Aurin Bhattacharjee will join the board of directors of JetStream Software.
For more information about this news, visit www.jetstreamsoft.com.