Monday, July 13, 2015

Delphix raised a new round

Delphix (www.delphix.com), leader in structured data governance what the company named Data-as-a-Service, just announced a new VC round at $75M for a total of almost $120M from Fidelity Management and Research, Credit Suisse, The Kraft Group and existing investors such Greylock Partners, Lightspeed Venture Partners and Icon Ventures. This new round boosts the market valuation for Delphix and breaks the $1B barrier. The company is now on the path for an IPO next year, no doubt.
The new round marks a new dimension for the company with an aggressive growth plan in all geos for sales and marketing. Recently Delphix appeared in the leader portion of the Gartner Magic Quadrant about Structured Data Archiving and Application Retirement.
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