Monday, July 13, 2015

Delphix Finds $75M For Cloud Data Service

Menlo Park-based Delphix, a developer of software to allow companies to place copies of their databases, applications, and filesystems in the cloud, has raised $75M in a funding round. The funding was led by Fidelity Management and Research, and also included Credit Suisse NEXT Investors, LLC, a fund managed within Credit Suisse Asset Management, The Kraft Group, plus Greylock Partners, Lightspeed Venture Partners, and Icon Ventures. The company said the new funds go towards sales, marketing, and operations. Delphix was founded and is led by Jedidiah Yueh.