Vawlt's Supercloud Storage Solution Secures €2.15 Million in Funding
March 17, 2024, 1:58 pm
Vawlt, the pioneer in long-term data storage, has closed a €2.15 million funding round to fuel its innovative supercloud storage solution. Founded in 2018, Vawlt's unique approach to distributed storage, data-centric architecture, and enhanced data security has attracted new investors like Lince Capital, Basinghall, and Beta Capital, alongside existing supporters Armilar Venture Partners and Shilling VC. This latest funding round brings Vawlt's total funding to €3 million, enabling the company to further develop its product, expand its team, and strengthen its global Channel Partner Network. Vawlt's CEO, Ricardo Mendes, expressed excitement over the investment, emphasizing the company's commitment to data protection, business efficiency, and market expansion. With a focus on providing customers with secure, reliable, and cost-effective storage solutions, Vawlt's supercloud platform offers a seamless experience for users to access and manage their data across multiple environments. The endorsement from investors like Vasco Pereira Coutinho of Lince Capital and Andrew Irvine of Basinghall underscores Vawlt's potential to revolutionize the future of cloud storage. As Vawlt continues to innovate and grow, its dynamic storage platform empowers channel partners to tailor storage solutions to meet diverse customer needs, driving digital transformation and business success in an increasingly data-driven world.