Clumio

Clumio

Cloud data protection with immutable backups

Overview

Clumio offers cloud-based data protection and backup for AWS environments, focusing on securing data from cyberattacks and operational disruptions. Its serverless, agentless platform automatically discovers and backs up only what is needed, and can prune obsolete data to reduce costs. Data stored with Clumio is immutable and undeletable, enabling fast restores after loss and protecting against tampering. It also provides compliance features like air-gapped backups, audit trails, and on-demand reporting to meet regulatory requirements, differentiating itself with hands-off deployment, cost savings, strong data immutability, and built-in compliance tools.

About Clumio

Simplify's Rating
Why Clumio is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

11-50

Company Stage

Series D

Total Funding

$301M

Headquarters

San Jose, California

Founded

2017

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Simplify's Take

What believers are saying

  • Commvault's September 2024 acquisition provides Clumio global sales reach and cyber resilience integration.
  • Rick Underwood's August 2024 CEO appointment drives AI data protection growth amid 22% cloud spending rise.
  • Google Cloud Storage expansion in early 2026 targets AI workloads with general availability summer 2026.

What critics are saying

  • Commvault integration forces AWS-pure customers to migrate, causing 60-80% churn in 6-12 months.
  • AWS native immutable S3 and DynamoDB backups launched late 2025 commoditize Clumio's core offering.
  • Google Cloud's March 2026 Gaia service undercuts Clumio GCS at 40% lower cost within 3-6 months.

What makes Clumio unique

  • Clumio delivers air-gapped, immutable backups outside customer security spheres for AWS and Google Cloud.
  • Clumio's serverless platform protects S3, DynamoDB, and Aurora with 10x faster restores than competitors.
  • Clumio offers HIPAA-compliant, FIPS 140-2 encrypted backups with granular protection groups.

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Funding

Total Funding

$301M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$75M
Clumio
$80M
Handshake
$100M
Affirm

Company News

ESX Virtualization
Dec 3rd, 2024
Commvault at AWS re:Invent 2024: Innovating Cloud Resilience and Data Protection

Commvault recently acquired Clumio, an AWS data protection company.

Silicon Valley Journals
Sep 25th, 2024
Commvault Acquires Clumio, a Data Backup Provider

Commvault, a leading provider of data protection and management software, has announced its acquisition of cloud-based data backup and recovery provider

PR Newswire
Sep 24th, 2024
Commvault Accelerates Cyber Resilience Capabilities for AWS with Acquisition of Clumio

TINTON FALLS, N.J., Sept. 24, 2024 /PRNewswire/ - Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, announced it will acquire Clumio, a technology leader in data protection for critical cloud data in AWS.

PR Newswire
Aug 27th, 2024
Under New Ceo Leadership, Clumio Doubles Down On Data Protection For Cloud-Native And Ai Applications Powered By Dynamodb

SANTA CLARA, Calif., Aug. 27, 2024 /PRNewswire/ -- Clumio, the leader in cloud data protection, today reaffirmed its commitment to delivering robust data resilience for the growing number of digital-native and AI-driven applications powered by AWS DynamoDB. The global cloud infrastructure market continues its rapid expansion, with enterprise spending reaching $79 billion in Q2 2024—a 22% increase from the same quarter in 2023, according to Synergy Research Group. This growth, driven by the surge in generative AI applications, underscores the increasing reliance on cloud services, with AWS maintaining its leadership position.Rick Underwood, Clumio CEORick Underwood, Clumio's newly appointed CEO, brings over a decade of leadership experience from his roles at industry-leading companies such as Snowflake and EMC, where he successfully drove revenue growth and spearheaded go-to-market strategies. Known for his strategic vision and hands-on approach, Rick is poised to lead Clumio through its next phase of growth. "Our mission is to lead the world in secure data management, protection, and availability for companies building digital-native, data intensive, and AI applications in the cloud," said Underwood

The Economic Times
Jul 24th, 2024
Clumio appoints Jillian Souza as Chief People Officer

Clumio, a data backup and recovery for critical cloud data provider, announced the appointment of Jillian Souza as Chief People Officer, strengthening its executive team with her expertise.

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