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FRAMINGHAM, Mass. — The cloud-native data protection company Trilio secured $17 million in additional funding.
Trilio’s Series B financing round was led by SKK Ventures and included participation from T-Mobile Ventures, Wayra Telefonica Innovation, Genesis Accel, 406 Ventures, Raiven Capital, and Jack Egan, according to the company last month.
The money will be spent on product development, engineering, and customer operations.
To date, Trilio has raised $36 million in funding.
The company’s platform, TrilioVault, provides tools to simplify the management of applications using Kubernetes and OpenStack. It is used by architects and DevOps engineers for backup and recovery, migration, ransomware protection, and application mobility.
Industries such as telecom, defense, automotive, and financial services are leveraging it to smooth their migration to the latest cloud infrastructure, recover faster from ransomware attacks, and comply with disaster recovery (DR) requirements.
Trilio’s Recent Activity
Trilio has been hard at work, of late, in providing security and data protection tools that fit modern containerized architectures.
The company recently extended its support for Red Hat OpenShift by introducing several enhancements with the release of version three of TrilioVault for Kubernetes (TVK).
The goal is to provide an integrated experience for OpenShift users across the Red Hat suite of capabilities and deployment options. The version is designed to make it possible for companies to protect and mobilize OpenShift applications at scale while migrating more easily to cloud infrastructure and staying secure.
Trilio believes that multi-cluster containerized deployments are becoming far more common as teams gain confidence and experience with Kubernetes-based infrastructure.
The TVK Management Console also supports the ability to apply policies and manage data protection operations across thousands of Kubernetes clusters. In addition, Trilio supports Red Hat’s OpenShift managed service offerings on AWS and Microsoft Azure. TVK natively integrates with OpenShift.
See more: Red Hat OpenShift Review
“A resiliency strategy”
Jim Baty, a Raiven Capital advisor, said that as the world “moves from legacy application development to container services orchestration, Trilio is at the forefront, especially as industries embrace more holistic and integrated management with cybersecurity at its core.”
“As the world digitizes, we see more data breaches,” Baty said. “Big data-backed businesses are finding it difficult to ensure the safety of their data. Trilio addresses this pain point well.”
Regardless of where a user starts their “cloud and container journey with Red Hat,” Trilio can support them and “deliver enterprise-ready data resiliency” for Kubernetes applications, said David Safaii, executive chairman, Trilio.
Building OpenShift applications in the cloud “means enjoying benefits, like speed, flexibility, and scalability, but it also requires you to manage and protect those applications when the unexpected happens,” said Murali Balcha, founder and CTO, Trilio.
“In short, you need a resilience strategy in the cloud,” Balcha said. “Whether you are using OpenShift in your own data centers or in the cloud, such as with ROSA or ARO, TVK can help protect your containerized applications or provide mobility across multicloud architectures to meet your requirements.”
Growth of the Container Market
The container market continues to be hot. Many believe containers represent the future of the cloud and IT infrastructure. From an estimated market size of $1.64 billion in 2021, the global Kubernetes market is estimated to expand annually by about 24% through 2027 to almost $6 billion, according to Absolute Reports.
IDC analyst Lucas Mearian agrees that container deployments are forecast to grow at high rates over the next several years, particularly among large enterprises, as they make the shift to modern, cloud-native applications running on orchestration engines.
“Since the use of containers allows applications to be split into potentially many components, each of which runs in its own container, these environments can increase the number of data objects, i.e., storage volumes, that have to be managed by one to two orders of magnitude, relative to traditional or VM-based environments,” Mearian said.
“Traditional data governance approaches do not scale well into this range and do not offer the granularity needed to manage data effectively in these types of environments.”
He added that TrilioVault for Kubernetes (TVK) offers cloud-native backup and recovery of an entire containerized application. Such solutions are becoming increasingly vital as large multi-cluster Kubernetes deployments grow in scale.
“Backing up the entire application and its state enables TrilioVault to perform asynchronous replication from one Kubernetes cluster to another or in other words, a point-in-time application recovery,” Mearian said.
