Nasuni Secures $20 Million Series C Funding

Nasuni Corp. has closed $20 million in Series C funding from a new investor.

The new funds will be used to expand sales and marketing efforts and to drive continued innovation in the storage-as-a-service market.

Previous investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners also participated in the financing.

Nasuni provides a consolidated storage-as-a-service solution for distributed enterprises. Consolidated storage brings all primary storage (i.e. file and block) together with built-in backup, replication, and offsite protection using an on-site appliance connected to the cloud. IT can deliver a centrally-managed and globally-distributed storage infrastructure that provides file access across multiple locations at local speeds.

"Before Nasuni, it simply was not possible to give dozens of offices across the globe high-performance access to a single storage volume, and customers have responded enthusiastically," said Andres Rodriguez, CEO of Nasuni. "This is not storage tiering or cloud archive, but primary storage delivered as a service. Combining this type of true innovation with the fact that our revenue has grown year over year by a factor of ten, and you can understand why investor interest was so strong. We’re thrilled that we were able to add such a respected and complementary new investor to our team, further validating our belief that consolidated storage-as-a-service is the solution that Enterprise organizations are looking for and Nasuni is best prepared to deliver."