Kasten Secured $14 Million Series A

Kasten, Inc., in cloud-native data management, announced a $14 million series A round led by Insight Partners, bringing the company’s total funding to $17 million to date.

The series A financing builds on an exceptional year which saw a growing roster of enterprise customers that are scaling cloud-native deployments.

The investment will be used to grow all areas of the company including sales, engineering, and marketing, in addition to creating an R&D center in Salt Lake City, UT.

Michael Triplett, MD, Insight Partners, will join Kasten’s board of directors.

“We found Kasten’s innovative data management platform to be the best in the market, and it is perfectly timed to take advantage of the explosive ecosystem growth,” he said. “We look forward to working closely with the leadership team as they scale the company and accelerate the adoption of Kasten’s platform across a wide segment of enterprise customers.”

Kasten’s K10 data management platform uses a novel application-centric approach to data management for cloud-native applications. It enables enterprises to meet BC and compliance requirements around stateful container-based applications running at scale on public and private Kubernetes deployments. The solution provides enterprise IT and DevOps teams with much needed operational discipline and peace of mind when handling use cases like backup and recovery, cloud migration, and DR.

K10 platform architecture and integrations
Click to enlarge

“In today’s hybrid and multicloud environments, effective data management for cloud-native applications is becoming increasingly important,” said Brad Casemore, research VP for datacenter networks, IDC. “Kasten has responded to this need with an application-centric approach to data management for Kubernetes environments that addresses day-2 operations such as backup, DR, and application continuity.”

“This is an exciting time for Kasten as we are experiencing significant traction in the enterprise, and with the new funding we will be able to further accelerate our growth and take advantage of the large opportunity in front of us. Insight and Michael Triplett’s deep expertise in both the cloud-native and data management space make them the perfect partner to help us achieve this,” said Niraj Tolia, co-founder and CEO, Kasten.

Founded in 2017 by experts in the areas of Kubernetes, storage, and distributed systems, the company is headquartered in Los Altos, CA with offices in Salt Lake City, UT.

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For data management of stateful applications on Kubernetes
July 25, 2018 | Press Release