DataCore Secures US$60 Mn Funding to Accelerate Growth and Innovation
DataCore Software, an industry leader in the data infrastructure and management space, has achieved a significant milestone by raising US$60 million in a financing round led by Vistara Growth, a provider of flexible growth capital to innovative technology companies. This investment will enable DataCore to expand its technology offerings and operational agility, ensuring the company can effectively meet the evolving demands of modern data environments and infrastructure stacks. By broadening its market reach to tackle emerging use cases, DataCore aims to support its customers and ensure their success across core, edge, and cloud environments.
With data volumes, complexities, and cyber threats on the rise, organizations are grappling with unprecedented challenges in data management. DataCore is set to leverage the infusion of new capital to advance its suite of storage solutions, with a concentrated effort on enhancing infrastructure and data resilience. The investment will fuel the integration of AI technologies, enabling businesses to extract actionable insights and streamline complex workflows through smart automation. Moreover, a continued focus on cybersecurity frameworks will help DataCore customers counter evolving threat vectors, providing more robust data protection safeguards.
Read Full News @ https://ai-techpark.com/datacore-secures-us60-mn-funding-to-accelerate-growth-and-innovation/
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