DataCore Software, a leader in the data infrastructure and management space, has raised $60 million in a financing round led by Vistara Growth.
This funding 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. And by broadening its market reach to tackle emerging use cases, DataCore aims to support its customers and ensure their success across core, edge, and cloud environments.
With data volumes, complexities, and cyber threats increasing, organizations are grappling with unprecedented challenges in data management. And DataCore is set to utilize the new funding to advance its suite of storage solutions, with a concentrated effort on enhancing infrastructure and data resilience.
The funding will drive the integration of AI technologies, enabling businesses to extract actionable insights and streamline complex workflows through smart automation. Plus, a continued focus on cybersecurity frameworks will help DataCore customers counter evolving threat vectors, providing more robust data protection safeguards.
As DataCore starts a new chapter, the company is focused on fueling product innovation with transformative AI and cyber resilience solutions, pushing the boundaries of what is possible in data management. And this forward-thinking strategy positions DataCore as a catalyst for progress, enabling organizations to modernize and futureproof their digital infrastructure and IT systems.
KEY QUOTES:
“As a pioneer in data storage and infrastructure solutions, DataCore is well positioned to capitalize on the increasing data volumes generated by corporate digital transformations. We have seen first-hand how DataCore’s customers depend upon their flexible, hardware-agnostic solutions for critical, high-availability storage workflows, and we are excited to partner on their next phase of growth. DataCore’s track record of delivering cutting-edge infrastructure solutions is supported by 25 years of R&D and innovation further enhanced by strategic acquisitions.”
– John O’Donoghue, who led the investment for Vistara Growth
“This pivotal funding marks a new chapter in our commitment to our customers and partners, enabling us to deliver greater value through collaboration and innovation. With the strong support of Vistara Growth, we are poised to accelerate the development of intelligent and resilient solutions in the areas of new-age data infrastructures that not only address today’s data challenges but also pave the way for future advancements. Our goal is to empower businesses with the tools they need to thrive in an increasingly complex digital landscape, driving long-term success and creating sustainable impact.”
– Dave Zabrowski, CEO of DataCore Software
