Actifio claims to have reached a valuation of $1bn (£780m) after announcing its latest funding round of $100m.
The funding round was led by Crestline Investors.
Ash Ashutosh, CEO at Actifio, said: "Every day, we deliver on our mission of enabling global enterprises to accelerate their businesses by unlocking the strategic value of data - on-premise or across a multi-cloud architecture.
"Organisations worldwide use Actifio software to deliver data-as-a-service, making data the new infrastructure for security, DevOps, analytics, compliance and governance.
"Using the hardware and infrastructure of their choice, on-premise, in public cloud and hybrid multi-cloud.
"Crestline gets this. We are excited to partner with Crestline to further accelerate data-driven business transformation initiatives in the global market."
Actifio specialises in copy data virtualisation which sees a "golden" copy of data created, from which virtual copies can be made without taking up additional storage space.
In the UK Actifio's partner base includes Computacenter, Softcat and Viadex, while distributors include Cloud Distribution and Arrow.
The vendor claims to have five of the top 20 financial institutions as its customers, along with four of the top 10 energy companies and six of the top 10 service providers.
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