Springpath bounces out of stealth with $34m

Springpath, a US-based data storage platform, has emerged from stealth with $34m in backing.

Founded as Storvisor in 2012, the company has attracted Stanford University, Sequoia Capital, New Enterprise Associates, and Redpoint Ventures as backers. Of its $34m total, $9m was raised in June 2012 in a round led by New Enterprise Associates and Sequoia, both of which have a partner on Springpath’s board.

Alongside the funding announcement, Springpath has also unveiled its Springpath Data Platform, a software-based data storage platform. The company is seeking to integrate multiple apps which could be running on different servers, both physical and virtual, into one easy point of access.

In a blog post, Mallik Mahalingam, CEO of Springpath, said: “At Springpath, we wanted to build a product on top of an architecture that would last for decades. In order to do this, it is extremely important to understand what the future of the data centre is going to look like in 3-5 years. So, we asked ourselves, what will the IT stack in the data centre look like in the year 2020?

“Springpath software addresses these storage and data management challenges with a singular software platform running on a cluster of standard commodity servers, enabling enterprises to embark on a path to a truly independent infrastructure by 2020.”