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Jafco heads oversubscribed Series C round for data company Delphix

7 Jun 2012

Japan’s Jafco Ventures has led a $25m financing round for big data and cloud computing company Delphix.

The funding pushes Delphix’s total capital raised to $45.5m, with previous investments coming from firms including Greylock Partners and Lightspeed Venture Partners.

Jafco general partner and board memberof data searcher Splunk, Nick Sturiale, said, “Delphix offers one of the most compelling value propositions I’ve seen since Splunk.

“Agile data unites big data and cloud computing, making Delphix the missing piece for unlocking enterprise data and transforming enterprise applications.”

Delphix has achieved more than 300 per cent annual sales growth since emerging onto the market in 2010, and last year expanded its operations to Europe, the Middle East, Africa and Latin America through direct sales staff and channel partners.

CEO and founder Jedidiah Yeuh said, “Today’s enterprises want to take advantage of cloud computing to cut costs and increase agility.

“Enterprise databases, however, can be challenging to migrate to cloud environments while running in production.

“With our data synchronization and virtualization technologies, we deliver the right data to the right teams at a fraction of the cost and time, which can accelerate application projects by up to 500 per cent while cutting hardware costs by 90 per cent.”

Last month Jafco led a $24m financing round for enterprise content collaboration company Huddle.

The San Francisco-based firm was joined by DAG Ventures and existing investors Matrix Partners and Eden Ventures in the Series C round.

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