Press release published by: https://techcrunch.com/
Author: Ingrid Lunden
Source URL: https://techcrunch.com/2018/02/06/rubrik-acquires-datos-io-to-expand-into-nosql-database-management-support/
Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition.
Calsoft Whitepaper: Proliferation Of Cloud Integrated Storage (CIS)
The financial terms of the deal are not being disclosed (we’re asking) but according to PitchBook it looks like Datos IO would have been valued at least $45 million after its last round in May 2017 (pre-money valuation of $40.5 million, with its final round valued at $4.6 million).
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Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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