In a round of oversubscribed funding, Delphix has raised $75 million. This round of funding was led by Fidelity Management and Research Company, part of Fidelity Investments. Other 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.
In a round of oversubscribed funding, Delphix has raised $75 million. This round of funding was led by Fidelity Management and Research Company, part of Fidelity Investments. Other 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.
Delphix plans on using the funding to scale sales, marketing, and operations across global geographies while maintaining its leadership in Data as a Service (DaaS). The company also plans on aggressively investing in cloud, analytics, and data security technologies in order to improve its DaaS platform for its customers.
Delphix was founded in 2008, and came out of stealth in 2010. Its management team has decades of experience in the information technology field, including its CEO, Jedidiah Yueh, who founded Avamar in 1999. Delphix’ primary product is its DaaS platform which the company states is a disruptive and transformative market that accelerates application releases and cloud migrations, while reducing IT costs. The company has demonstrated tremendous growth since coming out of stealth including:
- Enterprise customers and global footprint: Delphix now has more than 15 percent of the Global 500 and 25 percent of the Global 100 as customers, and supports customers in more than 20 countries around the world.
- Vertical industry leadership: Delphix customers include No. 1 industry leaders across all major verticals, including financial services, insurance, telecommunications, government, high technology, retail, healthcare, and pharmaceuticals.
- Technology leadership: Delphix has added broad support for virtualizing and delivering data across the major databases and data warehouses in the market, including Oracle, Oracle RAC, Oracle Exadata, Microsoft SQL Server, IBM DB2, SAP ASE, PostgreSQL, and others. In 2015, Delphix acquired its first company, data-masking leader Axis Technology Software.
- Industry analyst recognition: Delphix was placed in the Leaders quadrant of Gartner’s 2015 Magic Quadrant for Structured Data Archiving and Application Retirement.1
- Strategic partnerships: Delphix formed new partnerships with industry leaders including Amazon Web Services, Dell, SAP, and VMware.
- Industry awards and listings: Numerous publications and analyst firms recognized Delphix and its customers, including CRN 2015 Virtualization 50, Computer Weekly Best Datacentre Project of the Year, Computing Vendor Excellence Awards, DBTA 100, Forbes Top 25 of America’s Most Promising Companies, Frost & Sullivan CIO IMPACT Awards, Gartner Cool Vendors in Storage Technologies, Red Herring Top 100, and San Francisco Business Times Tech and Innovation Awards.
Sign up for the StorageReview newsletter
