DataCore Software raised US$60 million in a private equity funding round led by Vistara Growth to expand technology offerings and operational agility.

Jul 16, 2024•about 1 year ago

Amount Raised

$60 Million

Investors

Vistara Growth

Description

DataCore Software has achieved a significant milestone by raising US$60 million in a private equity funding round led by Vistara Growth. This investment will enable DataCore to expand its technology offerings and operational agility, ensuring the company can effectively meet the evolving demands of modern data environments and infrastructure stacks.

Company Information

Company

DataCore Software

About

DataCore Software delivers the industry’s most flexible, intelligent, and powerful software-defined storage solutions for the core, edge, and cloud. With a comprehensive product suite, intellectual property portfolio, and unrivaled experience in storage virtualization and advanced data services, DataCore has helped over 10,000 customers worldwide modernize how they store, protect, and access data.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech