Published On: Wed, Dec 16th, 2020

Google acquires Actifio to step into a area of information government and business continuity

In a same week that Amazon is holding a large AWS confab, Google is also announcing a pierce to lift a possess craving diversion with Google Cloud. Today a association announced that it is appropriation Actifio, a information government association that helps companies with information smoothness to be improved prepared in a eventuality of a confidence crack or other need for disaster recovery. The understanding tees Google adult as a aspirant opposite a likes of Rubrik, another large actor in information continuity.

The terms of a understanding were not disclosed in a announcement, that pronounced that Actifio will turn a partial of Google Cloud. We will refurbish as we learn more.

Notably, when a association was valued during over $1 billion in a appropriation turn behind in 2014, it had pronounced it was scheming for an IPO (which never happened). PitchBook information estimated a value during $1.3 billion when it again lifted income in in 2018, though in Jun of this year it filed paperwork to lift income during about a 60% bonus to a many new valuation, according to information supposing to us by Prime Unicorn Index.

The association was additionally concerned in a obvious transgression fit opposite one of a biggest rivals, Rubrik, that it also filed in Jun this year.

We contacted Google with questions about a financial terms of a deal, a lawsuit, and any other specifics it could provide, such as how many people from a Actifio group are approaching to join Google. A Google orator declined to contend anything offer over a sum in a brief announcement. An Actifio orator duration did not respond to a ask for comment.

In all, Actifio had lifted around $461 million, with investors including Andreessen Horowitz, TCV, Tiger, 83 North, and more.

With a acquisition, Google is relocating into what is one of a pivotal investment areas for enterprises in new years. The expansion of increasingly worldly confidence breaches, joined with stronger information insurance regulation, has given a new priority to a charge of holding and regulating business information some-more responsibly, and business smoothness is a cornerstone of that.

Google describes a startup as as a “leader in backup and disaster recovery” providing practical copies of information that can be managed and updated for storage, testing, and more. The fact that Actifio covers information in a series of environments — including SAP HANA, Oracle, Microsoft SQL Server, PostgreSQL, and MySQL, practical machines (VMs) in VMware, Hyper-V, earthy servers, and of march Google Compute Engine — means that it also gives Google a clever play to work with companies in hybrid and multi-vendor environments rather than only all-Google shops.

“We know that business have many options when it comes to cloud solutions, including backup and DR, and a merger of Actifio will assistance us to improved offer enterprises as they muster and conduct business-critical workloads, including in hybrid scenarios,” writes Brad Calder, VP, engineering, in a blog post. :In addition, we are committed to ancillary a backup and DR record and channel partner ecosystem, providing business with a accumulation of options so they can select a resolution that best fits their needs.”

“We’re vehement to join Google Cloud and build on a success we’ve had as partners over a past 4 years,” pronounced Ash Ashutosh, CEO during Actifio, in a statement. “Backup and liberation is essential to craving cloud adoption and, together with Google Cloud, we are well-positioned to offer a needs of data-driven business opposite industries.”

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