Autonomous storage optimization startup Datafy has successfully raised new funding, elevating its total investment to an impressive $20 million. This funding round, led by Bessemer Venture Partners and supported by existing investor Insight Partners, is designed to rapidly accelerate the company’s growth in the U.S. market.
With cloud storage costs skyrocketing, Datafy’s swift customer adoption clearly demonstrates an urgent demand for enhanced cloud storage efficiency. And the company’s solution stands out as both practical and non-disruptive as it operates autonomously, eliminating the need for users to continually right-size their storage requirements. This helps Finance Operations (FinOps) and Development Operations (DevOps) teams to cut costs while retaining complete control over their storage operations.
Datafy’s solution boasts a zero-downtime auto-scaling engine, paired with a complimentary sensor that monitors storage usage in real-time, requiring no code changes or extra engineering efforts.
This investment will propel Datafy’s expansion, enabling the company to solidify its U.S. presence and introduce cutting-edge storage optimization solutions. Additionally, the company’s partner program is gaining substantial traction, with several AWS Premier Partners already joining Datafy’s robust ecosystem.
Founded by seasoned industry leaders CEO Zivan Ori, COO Ziv Serlin, and CPO Yoav Ilovich, Datafy is poised to redefine how enterprises manage their cloud storage. Ori and Serlin previously co-founded E8 Storage, which was successfully acquired by AWS in 2019, underscoring their expertise and commitment to innovation in the storage sector.
KEY QUOTES:
“Storage demands are at an all-time high, and businesses need efficiency without complexity. This latest funding validates the strong customer traction we’ve seen and allows us to scale quickly to meet growing demand.”
Zivan Ori, CEO of Datafy
“Unlike so many others trying to help customers save cloud costs on the operational level, Datafy has taken a deep tech approach and developed a product for the most demanding and sophisticated users of cloud storage.”
Adam Fisher, Bessemer Venture Partners
“At Via, efficiency and stability aren’t just internal goals; they’re promises we make to cities and passengers every day. That means our infrastructure has to be just as dependable. Datafy has the system to automatically scale storage as demands shift, without downtime or wasted spend. With clear visibility into utilization, we can make smarter infrastructure decisions and stay focused on delivering reliable, resilient transportation to the communities we serve.”
Lior Gernenstein, CTO, Via
“With Datafy, we reduced EBS costs by 40% where possible, while maintaining the flexibility to automatically scale cloud storage as needed. The performance improvements were immediate, and the solution’s simplicity and reliability truly stood out.”
Ophir Zahavi, Senior Manager, Cloud Engineering, H2O.ai