Big Law

Google Cloud Acquires Data Management Company Actifio

Actifio offers customers the opportunity to protect virtual copies of data in their native format, manage these copies throughout their entire lifecycle, and use these copies for scenarios like development and test.

Actifio is a privately-held organization and has raised over $350 million to date from venture capital investors. The investors in Actifio include North Bridge Venture Partners, 83NORTH, Advanced Technology Partners, Andreessen Horowitz, Technology Crossover Ventures and Tiger Global Management.

“We’re excited to join Google Cloud and build on the success we’ve had as partners over the past four years,” said Ash Ashutosh, CEO at Actifio.

“Backup and recovery is essential to enterprise cloud adoption and, together with Google Cloud, we are well-positioned to serve the needs of data-driven customers across industries,” he said in a statement on Wednesday.

Read the source article at infotechlead.com

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