Clumio

Clumio

Company building a public cloud saas data. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$675m (Public information from Feb 2024)
San Jose California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues2.7m11.4m25.3m18.2m24.1m25.0m
% growth-317 %122 %(28 %)33 %4 %
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Recent News about Clumio

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More about Clumioinfo icon
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Clumio is a data protection and backup service provider that operates in the cloud computing market. The company primarily serves Amazon Web Services (AWS) customers, providing them with robust defense mechanisms against cyberattacks and operational disruptions. Clumio's service is particularly valuable for businesses that rely heavily on data, such as tech companies like Atlassian and LexisNexis, which need to ensure their data is secure, easily recoverable, and compliant with regulatory frameworks.

Clumio's business model is centered around its serverless and agentless data platform. This means that customers do not need to worry about deploying, setting up, or pre-purchasing software. Instead, Clumio takes care of all these aspects, identifying and backing up exactly what the customer needs and helping them clean up obsolete data. This approach not only simplifies the backup process but also optimizes it, with Clumio customers reportedly saving over 30% on their backup costs on average.

The company's data protection service is characterized by its immutability and undeletability. This means that once data is stored on Clumio, it cannot be altered or deleted, providing a strong defense against mass encryption attempts and other forms of cyberattacks. In the event of data loss or a malicious wipeout, Clumio's restore technology can help businesses quickly resume operations.

In addition to its data protection and backup services, Clumio also offers compliance solutions. The company helps businesses meet even the most stringent data regulatory frameworks by providing air-gapped backups, simple auditability, and on-demand reporting.

Keywords: Data Protection, Backup Service, Cloud Computing, AWS, Cybersecurity, Serverless Platform, Agentless Platform, Data Recovery, Compliance Solutions, Cost Optimization.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.