Trilio, a provider of data protection for cloud-native environments, has secured $15 million of funding. Led by SKK Ventures, the round includes participation from Plug and Play and existing investors .406 Ventures and Jack Egan.
The funding includes $12 million in Series B growth equity combined with a $3 million+ debt facility from Avid Bank.
Trilio will use the funding to expand its go-to-market capabilities to accelerate adoption in the cloud-native market while providing an exceptional experience for its customers and partners. Trilio will further invest in its product development, sales, marketing and customer success teams to bring the TrilioVault cloud-native data protection platform to markets.
