NetApp and Cisco pumping millions of dollars into Data Protection Startups

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California-based companies NetApp and Cisco are pumping their investment heavily on a data protection startup named Datos IO. The reason, the craze to adopt hybrid cloud architectures has picked up immensely among enterprises and this trend is, in fact, forcing firms to invest in products and themes focusing on data protection.

Founded in 2014, Datos IO is a cloud-based company which offers data backups to cloud environments. Means backups can be sent to the cloud and the restored database or the application can be run directly on the cloud. By opting for this option, enterprises can intelligently protect and move their traditional and third party applications either on-premises or between public and multi-cloud environments.

Industry experts believe that Cisco and NetApp invested on Datos IO with a strategic investment- all a part of venture investing function.

Although Cisco is known to invest in firms with the above-said investments, NetApp is doing it for the very first time.
As per our sources of Cybersecurity Insiders, all companies looking for a cloud-based IT transition will definitely want their data to be safe on public and private platforms. And this is where NetApp and Cisco are interested in tapping the prospective cloud market with Datos IO.

Highlighting its features, Datos IO said that its system can help create backups in the cloud faster than the competition while keeping the two-way flow of information intact. Furthermore, it has the ability to act as a central repository operating across different databases. And so users with the new and old databases like MongoDB and Apache Cassandra will try to use Datos IO’s data backup feature to the cloud.

Datos IO has scored well when it comes to the customer sheet. Ayla Networks, Barracuda, eBay, OpenTable, Macy’s Payments Company, and Home Depot are already on its rolls.

Hope, the investment helps the data protection startup achieve more success in business.

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Naveen Goud is a writer at Cyber Security Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security