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Komprise Raises $24 Million in Series C Funding

Komprise Raises $24 Million in Series C Funding
Credit: komprise.com

Intelligent data management provider Komprise secured $24 million in a Series C investment round led by Top Tier Ventures, with strategic investment from new investor Western Digital Capital (the strategic investment fund of Western Digital Corp.), and participation from existing investors Canaan Partners and Walden International.

The Komprise Intelligent Data Management platform is designed to allow organizations to manage the complete data lifecycle with data analytics, replication, archive, and migration. The solution is geared to address today’s massive scale of data, saving money and enhancing data management.

This new funding round, which brings the company’s total financing to $42 million, is earmarked to globally boost sales, marketing, product development, and customer support.