Portwor announced the close of an oversubscribed $27 million Series C funding round co-led by Sapphire Ventures and the ventures arm of Mubadala Investment Company, with support from existing investors Mayfield Fund and GE Ventures, and new financing from Cisco Investments, HPE, and NetApp.
With a total of $55.5 million in financing to date, Portworx will use the latest round of funding to expand into new global markets, continue developing its flagship platform Portworx Enterprise, and grow its engineering, sales and channel teams.
"Kubernetes alone is not sufficient to handle critical data services that power enterprise applications," said Murli Thirumale, CEO and cofounder at Portworx. "Portworx cloud-native storage and data management solutions enable enterprises to run all their applications in containers in production. With this investment round the cloud-native industry recognizes Portworx and its incredible team as the container storage and data-management leader. Our customer-first strategy continues to pay off!"