Monday, January 24, 2022

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Trilio: Secures $15M in Funding

  • Trilio, a Framingham, Mass.-based provider of data protection for cloud-native environments, secured $15m in funding
  • The funding includes $12m in Series B growth equity combined with a $3m+ debt facility from Avid Bank
  • The equity round was led by SKK Ventures, with participation from Plug and Play and existing investors .406 Ventures and Jack Egan
  • In conjunction with the funding, Stephen Brackett, President and Managing Member of SKK has joined the Trilio Board of Directors
  • The company will use the funding to invest in its product development, sales, marketing, and customer success teams
  • Led by David Safaii, CEO, Trilio provides a cloud-native data protection platform for Kubernetes, OpenStack, and Red Hat Virtualization environments
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