UPDATED 15:40 EDT / JANUARY 24 2023

CLOUD

Komprise nabs $37M for its unstructured data management platform

Komprise Inc. has raised $37 million in funding to expand the adoption of its data management platform, which the startup says can help companies move on-premises workloads to the cloud more efficiently. 

The Campbell, California-based company announced the investment today. The participating investors included Canaan Partners, Celesta Capital, Multiplier Capital and Top Tier Ventures. It has raised $85 million to date. 

“We invested in Komprise because of their impressive growth and path to profitability combined with the massive opportunity in edge data management and unstructured data for AI/ML in the cloud,” said Multiplier Capital Managing General Partner Kevin Sheehan. “We believe in the company’s market, vision, team and execution.”

Moving data from on-premises infrastructure to the cloud can take a significant amount of time. The more data a company transfers, the longer the process takes. Komprise’s platform provides data migration features that the company says can move information to the cloud up to 27 times faster than competing tools.

The platform’s performance is made possible in part by a technology called Hypertransfer. It’s designed to address shortcomings in the SMB protocol, a network technology that companies often use to transfer files to the cloud. Komprise says Hypertransfer not only speeds up data transfers but also improves cybersecurity in the process. 

When an on-premises server moves files to a cloud environment using the SMB protocol, the cloud environment must send back a piece of data confirming the files have been received. This process is usually repeated many times. The data that the cloud environment sends back to the server takes up a significant amount of bandwidth, which slows file transfers. 

Komprise’s Hypertransfer technology reduces the amount of data traffic that the SMB protocol generates during file transfers. The result, according to the startup, is that information can be moved faster from on-premises environments to the cloud. 

When moving data to a cloud environment, Hypertransfer doesn’t load files directly into the environment but rather sends them to a proxy. A proxy is a server that acts as an intermediary during data transfers. According to Hypertransfer, this arrangement makes it more difficult for hackers to establish network connections to a company’s cloud deployment.

Komprise’s platform also promises to ease other tasks. Cloud providers offer multiple types of storage infrastructure that vary in price and performance. According to the company, companies can use its software to more easily determine which type of cloud storage infrastructure is best suited for their workloads.

Moving data to the cloud often requires a significant amount of manual work. According to Komprise, its platform automates many of the most time-consuming aspects of the task. The platform can, for example, automatically restart data transfers if a technical issue interrupts them. 

Using the funding round announced today, Komprise reportedly plans to expand its platform’s data migration features as well as extend several other capabilities. In parallel, the startup will accelerate go-to-market initiatives. 

Image: Komprise

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