PRNewswire | 08 Aug, 2023
Datamotive, a company that provides cloud workload portability for worldwide organizations, announced today that it has raised $3.8 million in a Pre-Series A funding round led by the Dubai-based VC firm Morphosis with participation from 3one4 Capital, YourNest Venture Capital and Patni Group. The new funding round will accelerate the delivery of Datamotive’s products that enable organizations to seamlessly and securely scale, migrate and recover data and workloads across public and private clouds with a guaranteed 10-minute recovery service level agreement (SLA) regardless of cloud and workload size.
Datamotive allows organizations to build a hybrid cloud blueprint that supports freedom of choice for any cloud service provider and offers them the ability to run workloads anywhere on any cloud. Its patented replication and recovery engine enables online, agentless replication of entire workloads (OS, platform, application, and its data), while the recovery engine provides a flat-line recovery time (RTO/CTO) of 10 minutes with zero impact on workload performance. The RTO/CTO applies irrespective of the application, its size, or the cloud platform. The company’s strengths lie in enabling cross-hypervisor replication and recovering the workloads using the target native infrastructure.
“We are proud of what we’ve accomplished so far. This funding will enable us to continue the innovation cycle with our DR and cloud migration products, and, of course, accelerate our geographic expansion,” said Yogesh Anyapanawar, co-founder of Datamotive.
“By enabling workload portability, Datamotive accelerates the adoption of hybrid, multi-cloud computing for organizations. This allows businesses to innovate and operate without the fear of vendor lock-in,” added Sameer Zaveri, co-founder of Datamotive.
“We are pleased to collaborate with Datamotive and support the team’s visionary approach in the workload portability market,” said Amit Zutshi, managing partner and founder of Morphosis. “With its innovative, unparalleled cost-to-value ratio, best-in-class SLAs, and exceptional performance, Datamotive.io is poised to lead the way in hybrid cloud workload portability and transform multi-cloud management in the business continuity market.”