Clumio

Clumio

Cloud-based data protection and backup services

About

Clumio offers data protection and backup services for Amazon Web Services (AWS) customers, helping them secure their data against cyberattacks and operational disruptions. Their serverless and agentless platform simplifies the backup process by managing everything from data identification to cleanup, resulting in average savings of over 30% on backup costs. Clumio ensures that stored data is immutable and undeletable, providing strong protection against unauthorized changes. Additionally, they assist businesses in meeting regulatory compliance through features like air-gapped backups and easy auditability.

Company Stage

Acquired

Employees

201-500

Industries

Data & Analytics, Cybersecurity

Total Funding

$292.8M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Clumio's recent $75M Series D funding round and 4X YoY growth in ARR indicate strong financial health and promising growth prospects.
  • The company's innovative solutions, such as SecureVault Lite, make advanced data protection affordable, broadening its market reach.
  • Strategic partnerships and thought leadership initiatives, like the webinar with AI expert Pascal Bornet, position Clumio as a forward-thinking leader in data resilience.

What critics are saying

  • The transition to a new CEO could lead to strategic shifts that may impact company stability and employee morale.
  • The highly competitive cloud data protection market requires continuous innovation to maintain a competitive edge.

What makes Clumio unique

  • Clumio's serverless and agentless data platform eliminates the need for complex software deployment, setting it apart from traditional backup solutions.
  • The company's focus on immutability and undeletability of data provides a robust defense against cyberattacks, a feature not commonly found in competitors.
  • Clumio's air-gapped backups and compliance solutions ensure businesses meet stringent regulatory requirements, offering a unique value proposition in the data protection market.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

17%

2 year growth

30%

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