How Much Did Datera Raise?
Funding & Key Investors

Datera, a provider of software-based data services, has secured significant capital, with its total funding reaching $40.4M. The company recently closed a funding round of an undisclosed amount, as indicated by the $0 placeholder, following a Series A investment in 2016 and a subsequent debt financing in 2020. This financial backing positions Datera to further its development in the competitive enterprise storage and data management market.

What is Datera?

Datera
SoftwareStorage & System Management Software

Datera operates as a software-based data services platform, specializing in advanced storage systems and software solutions. The company's technology stack integrates with key open-source and virtualization platforms, including Linux I/O (LIO), Docker, Kubernetes, OpenStack, and VMware. Headquartered in Santa Clara, California, Datera was founded in 2013 with the aim of modernizing data infrastructure for enterprise clients. Its focus on software-defined storage addresses the evolving needs for flexible, scalable, and efficient data management in cloud-native environments.

How much funding has Datera raised?

Datera has raised a total of $40.4M across 2 funding rounds:

2016

Series A

$40M

2020

Debt

$350K

Series A (2016): $40M with participation from Khosla Ventures

Debt (2020): $350K led by PPP

Key Investors in Datera

Khosla Ventures

Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. With over fourteen billion dollars under management, the firm focuses on a broad range of areas including consumer, enterprise, ai, fintech and financial services, semiconductors, health, agriculture/food, sustainable energy, and robotics.

PPP

Public-Private Partnership

What's next for Datera?

With its recent capital infusion and established enterprise-level funding context, Datera is poised for strategic expansion. The company's focus on integrating with leading orchestration and virtualization technologies suggests a continued emphasis on enhancing its platform's compatibility and performance within complex IT ecosystems. Future growth is likely to involve deepening its market penetration in enterprise storage, potentially through new product development or strategic partnerships that leverage its software-defined architecture. The company's trajectory indicates a commitment to providing robust data services that support the demands of modern digital infrastructure.

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Frequently Asked Questions Regarding Datera Financial Insights

What are the most recent funding rounds that Datera has completed, and what were the funding rounds?
Datera has recently completed 2 funding rounds: Debt on Apr 27, 2020, Series A on Apr 4, 2016.
What is the total amount of funding Datera has raised to date?
Datera has raised a total of $40.4M in funding to date.
How many funding rounds has Datera completed?
Datera has completed 2 funding rounds.
How much funding did Datera raise in its most recent funding round?
Datera raised $350K in its most recent funding round.
Who are the lead investors in Datera's latest funding round?
The lead investor in Datera's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Datera's history?
The largest funding round in Datera's history was $40M.
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