Funding of $20 Million Secured for Enhancement of Autonomous Storage Efficiency Through Datafy
Datafy, a pioneering company in cloud storage optimization, has announced it has raised $20 million in new funding, bringing its total investment to $40 million. This investment will accelerate Datafy's growth in the U.S. market and enable the company to introduce cutting-edge storage optimization solutions.
Founded by Zivan Ori (CEO), Ziv Serlin (COO), and Yoav Ilovich (CPO), Datafy's solution operates autonomously, eliminating the need for users to continually right-size their storage requirements. The solution includes a zero-downtime auto-scaling engine and a real-time storage usage sensor that requires no code changes or extra engineering efforts.
The funding round was led by Bessemer Venture Partners and supported by existing investor Insight Partners. Adam Fisher from Bessemer Venture Partners praised Datafy's ability to automatically scale storage without downtime or wasted spend. Ophir Zahavi, Senior Manager of Cloud Engineering at H2O.ai, also praised the simplicity and reliability of Datafy's solution.
Datafy's solution has seen swift customer adoption, demonstrating an urgent demand for enhanced cloud storage efficiency. H2O.ai has adopted Datafy's solution for cloud storage optimization, and Via, a transportation company, uses Datafy to reduce EBS costs by 40% and maintain flexibility for cloud storage scaling. According to Via's CTO, Lior Gernenstein, the performance improvements from Datafy's solution were immediate.
Zivan Ori, the CEO of Datafy, and Ziv Serlin previously co-founded E8 Storage, which was acquired by AWS in 2019. This deep tech-oriented approach to cloud cost savings is reflected in Datafy's solution, which is designed for demanding and sophisticated cloud storage users.
Datafy's partner program is gaining substantial traction, with several AWS Premier Partners already joining its ecosystem. The investment will enable Datafy to expand further and solidify its U.S. presence. With this new funding, Datafy is poised to revolutionize cloud storage optimization for businesses worldwide.
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