ClearSky Data raises $20M to accelerate sales and customer deployment

Written by Justine Hofherr
Published on Nov. 13, 2018
ClearSky Data raises $20M to accelerate sales and customer deployment
clearsky
photo via clearsky data

Storage is so hot right now.

Just ask ClearSky Data, a Boston-based provider of on-demand primary storage. The company, which offers built-in offsite backup and disaster data recovery as a service, raised $20 million in new funding today, bringing ClearSky’s total funding to date to $59 million.

Ellen Rubin, CEO of ClearSky Data, said they will use the funding to expand sales and go-to-market initiatives, accelerate customer deployments and expand their footprint as part of a new partnership with the interconnection and data center giant Equinix. She said they'll also use the new funds to add resources in sales, marketing and customer support to fuel our continued growth.

Participants in the round included existing investors like General Catalyst, Highland Capital Partners and Polaris Partners, as well as new investor Pear Tree Partners.

We founded ClearSky with a vision to simplify complex storage architectures that were failing to meet the needs of enterprise IT.”

 

The funding comes on the heels of a year of significant growth for ClearSky, which doubled its year-to-date revenue over the last year and signed new customers including Partners HealthCare, Massachusetts General Hospital, Nuance Communications and Unitas Global.

“ClearSky’s recent growth illustrates how ready enterprises are for solutions to the data access and management challenges of today’s hybrid cloud world,” Dave Barrett, managing partner at Polaris Partners and ClearSky board member, said in a statement. “Enterprises want to be able to run their apps anywhere — on-premises, in the cloud or at the edge — and still access their data rapidly and on demand.”

ClearSky enables enterprises to change how they manage their data by replacing lengthy deployments with a single copy of data that’s available anywhere, at any time.

ClearSky also announced today a new partnership with Equinix, which manages the world’s largest global platform of interconnected data centers and business ecosystems. The company also announced a new exec hire: Roger Cummings as chief revenue officer.

Previously, Cummings was vice president of managed service provider sales and global strategy for SevOne.

“In the past two years, we’ve worked very closely with our customers to fully understand and address their cloud and storage challenges,” Rubin said. “As a result, we’ve added a huge range of capabilities to meet our customers’ requirements...Our service meets any enterprise storage challenge, and we’re growing in a big way. Our plan for the next 12 months is to build on our success and expand service availability, tripling our market coverage this year and supporting customer growth nationally and eventually globally.”

The company employs 35 people in Boston and is hiring for marketing, sales, engineering and support.

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