Portworx Raises $20M Series B to Advance Container Data Services
Container data services vendor Portworx announced on April 5 that it has raised $20 million in a new Series B round of funding. The funding will be used by the company to grow marketing, sales and development efforts.
The new round of funding was led by Sapphire Ventures and included the participation of GE Ventures and Mayfield. Total funding to date for Portworx now stands at $28.5 million.
At the core of Portworx's product portfolio is the company's PX-Enterprise stateful container storage technology, which first debuted in June 2016. The promise of PX-Enterprise is that it can provide a stable storage interface and backend for DevOps container application deployments in production.
“For the first time, we've eliminated the complex and expensive decision of purchasing storage for containers in production,” Murli Thirumale, CEO and co-founder of Portworx, said in a statement. “Portworx will enable enterprises of all sizes to realize the true potential of containers.”
Part of that potential is realized thanks to Portworx's scheduler-integrated data services, which is what helps to enable the stateful approach for production deployment data.
“There is a lot of hype around containers today, but we believe there are a select few container-focused companies that have breakthrough technology and significant customers, and Portworx is one of them,” Jai Das of Sapphire Ventures, said in a statement. “Enterprises are heavily investing in container data services like Portworx because data is core to their business operations, and organizations need a reliable solution backed by enterprise storage experts.”
Sean Michael Kerner is a senior editor at EnterpriseAppsToday and InternetNews.com. Follow him on Twitter @TechJournalist.
Sean Michael is a writer who focuses on innovation and how science and technology intersect with industry, technology Wordpress, VMware Salesforce, And Application tech. TechCrunch Europas shortlisted her for the best tech journalist award. She enjoys finding stories that open people's eyes. She graduated from the University of California.
