Tech Times, 11/3/15
Boston startup ClearSky Data has announced that it has received $27 million in Series B funding to not only resolve problems in the company but to also expand its reach and fulfill its goals to become a global storage network.
ClearSky Data acquired a total of $39 million in funding, as it raised $12 million in Series A funding earlier last year. With a sufficient capital, the startup will offer a multi-tiered storage network in the foreseeable future.
The content delivery network Akamai Technologies and venture capital firm Polaris Partners aided in the fundraising to help in ClearSky Data's efforts. Also, General Catalyst and Highland Capital Partners invested again.
Unlike other cloud storage service providers such as Microsoft and Google, ClearSky Data focuses on storing data for enterprises, which means that its real competitors are NetApp and EMC.