Venture Capital News: Pavilion Data Systems Nabs $45M
2022-01-20
SAN JOSE, CA, Pavilion Data Systems raised a $45 million round led by Kleiner Perkins and Artiman Ventures.
Pavilion Data Systems, the leading data analytics acceleration platform provider and a pioneer of NVMe-oF, today announced major successes on multiple fronts in 2021, underscoring the strong demand for its dense high-performance data analytics platform and laying the groundwork for increased momentum in 2022. Pavilion Data Systems raised a $45 million round led by Kleiner Perkins and Artiman Ventures. This funding, combined with the rapid growth of its customer base, strong business momentum, and key executive hires, including Dario Zamarian as CEO, positions Pavilion to address the increasing need for a high-performance, dense, and scale-out flash storage platform for analytics and AI/ML applications.
Pavilion's total outside capital investment increased to $107 million after the $45 million round led by Kleiner Perkins and Artiman Ventures. All existing investors participated in the funding, including Korea Investment Partners, SK Telecom Ventures, Taiwania Capital, Tyche Partners, DAG Ventures, and RPS Ventures. This investment round also was joined by new investors Mirae Asset, Liberty Street Advisors, and Gaingels.
Pavilion provides the data analytics acceleration platform enabling enterprises to derive greater value from their data-faster, simpler, and at scale. We are the perfect complement for AI/ML, HPC, analytics, edge and other data-driven workloads and the ideal data IO platform for GPU-based computing platforms. The Pavilion HyperParallel Data Platform, powered by Pavilion HyperOS, delivers unmatched performance and density, ultra-low latency, unlimited scalability, and flexibility, providing customers unprecedented choice and control.
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