Enterprise data backup provider Clumio Inc. is enjoying some strong momentum if its latest funding round is anything to go by.

The company said today it has raised $135 million in a Series C round of funding, which is an enormous amount of cash for a company that only emerged from stealth mode in August. Clumio said it’s the largest-ever Series C round for an enterprise software-as-a-service company less than two years old.

The round was led by Mike Speiser, managing director of Sutter Hill Ventures, and new investor Altimeter Capital. Existing investor Index Ventures also participated in the round, which brings Clumio’s total amount raised to $186 million.

Clumio said it was able to entice those investors thanks to the unique service it offers, providing data backup-as-a-service in the cloud specifically for cloud customers. The company allows organizations to back up any data they have stored in a public cloud without needing to install any specialized hardware or software.

“It’s very different from the regular security market,” Clumio Chief Executive Officer Poojan Kumar told SiliconANGLE. “Basically, [we provide] backup after a cybersecurity attack or other problems. Customers can go back to a point in time to when things were fine.”

If Clumio’s service sounds familiar, that’s because there are many companies providing similar backup services for data that’s stored on-premises. But Kumar said Clumio is one of the first to provide this service for the cloud. He added that Clumio’s data backup service is compatible with any type of application or data source.

Starting today, Clumio is extending the service to support native services on the world’s most popular public cloud platform, Amazon Web Services Inc., including its Amazon Elastic Block Store service. Clumio said that by adding Amazon EBS as a data source, its customers will now be able to protect data volumes in Amazon’s cloud alongside their existing VMware-based on-premises and VMware Cloud on AWS virtual machines.

Kumar said doing so isn’t easy under normal circumstances.

“We’re trying to make it simple,” he said. “You can onboard your AWS account onto the Clumio service and protect data on specifications you set, and go back in time as needed. Virtual machines can automatically connect to the service in the cloud.”

By expanding the range of data backup services it offers, Clumio believes it will be well-positioned to tap into a data-protection-as-a-service market that International Data Corp. says will be worth more than $10 billion a year by 2022.

“More and more companies are moving workloads to the cloud, so lots of companies are building natively on the public cloud like us,” Kumar said.

Clumio said it wants to expand its reach across the public cloud, with plans to make its services available for Microsoft Azure and Google Cloud Platform in 2020. The company will also look to expand its multicloud efforts and launch its services in more regions.

With reporting from Robert Hof

Photo: SiliconANGLE