Silicon Valley- and Pune-based enterprise storage startup PrimaryIO, Inc. has raised $5.6 million in seed funding from Accel Partners, Exfinity Venture Partners and Partech Ventures. PrimaryIO will be using the funds to expedite its product development efforts.
“This investment will help accelerate product development to bring innovation to the enterprise IT customers that are dealing with data center capacity, cost & performance issues, enabling them to benefit from the public cloud solutions while retaining control & security of their data,” the release read.
Founded by Kumar Ganapathy and Vijay Karamcheti in 2014, PrimaryIO provides storage management software, for virtualized cloud data centres.
“Drawing on our deep background in storage and cluster file systems, we are uniquely positioned to help our customers overcome performance & capacity issues so they can truly take advantage of cloud-computing technologies” said Kumar Ganapathy, CEO of PrimaryIO.
Ganapathy and Karamcheti had co-founded another data storage startup, Virident, which they sold in 2013.
Chinnu Senthilkumar, partner at Exfinity Venture Partners, said, “As traditional enterprises and financial institutions look to embrace cloud computing, there is a need for a special framework for cloud transformation. PrimaryIO’s technology is designed to work with existing enterprises’ IT infrastructure without compromising performance, security and protocol.”
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