Datamotive, a company specializing in cloud workload portability, has successfully raised $3.8 million in a Pre-Series A funding round. This funding round, led by Dubai-based VC firm Morphosis, with the participation of 3one4 Capital, YourNest Venture Capital, and Patni Group, will allow Datamotive to accelerate the development of its products, simplifying disaster recovery and cloud migration for organizations worldwide.
The primary focus of Datamotive’s products is to enable organizations to seamlessly and securely scale, migrate, and recover data and workloads across public and private clouds. What sets Datamotive apart is its promise of a 10-minute recovery service level agreement (SLA), regardless of the cloud and workload size. This means that in the event of a disaster or during cloud migration, organizations can have their data and workloads up and running again within just 10 minutes.
Yogesh Anyapanawar, the co-founder of Datamotive, expressed his pride in what the company has achieved so far and emphasized that this funding will allow them to continue innovating and expanding geographically. The company’s goal is to accelerate the adoption of hybrid, multi-cloud computing for organizations, ultimately freeing businesses from the fear of vendor lock-in.
Amit Zutshi, the managing partner and founder of Morphosis, expressed his pleasure in collaborating with Datamotive, praising their visionary approach in the workload portability market. Morphosis believes that with its exceptional cost-to-value ratio, top-notch SLAs, and outstanding performance, Datamotive.io is well-positioned to lead the way in hybrid cloud workload portability and transform the multi-cloud management market.
Datamotive specializes in enterprise workload mobility, facilitating the movement of workloads in a hybrid multi-cloud environment. Their patented solution safeguards organizations against data losses caused by cloud security misconfigurations, data breaches, or corporate network corruption. With a guaranteed 10-minute SLA, Datamotive aims to provide peace of mind to organizations when it comes to disaster recovery and cloud migration.
In conclusion, Datamotive’s successful funding round will enable the company to further develop its products and simplify disaster recovery and cloud migration for organizations. With their 10-minute SLA guarantee, they are well-positioned to lead the charge in hybrid cloud workload portability, offering businesses the flexibility and security they need in their cloud operations.