PrimaryIO
Latest round
- Seed
Last raised
- Aug 2017
Total raised
- $5.6M
Investors
- 3
About PrimaryIO
PrimaryIO, Inc.Founded in 2012, PrimaryIO, Inc. is based in San Carlos, US, and specializes in cloud migration and data protection services. Lorenzo Salhi is the founder, and the current CEO is Vivek Pendharkar.PrimaryIO specializes in cloud migration and data protection solutions designed to enhance the management of virtual machines (VMs) across both on-premises and cloud environments. The company’s core offerings, including ProtectIO (a Disaster Recovery as a Service - DRaaS), RecoverIO (a Recovery as a Service - RRaaS), and ConvertIO, facilitate seamless relocation and protection of VMs, aiming to reduce reliance on VMware infrastructure. These solutions target enterprises seeking to optimize their cloud journeys by ensuring continuous data protection, workload mobility, and accessibility. PrimaryIO’s technology appeals primarily to businesses in the technology, finance, and healthcare sectors, with a focus on clients looking to migrate workloads to platforms such as IBM Cloud.PrimaryIO generates revenue through a subscription-based model focused on its suite of cloud migration and protection services. Clients typically engage with the company for long-term service contracts, which include ongoing support and management from their Cloud Center of Excellence. Transactions may involve direct partnerships with enterprises, structured around customized service agreements that align with specific client needs. The flagship product offerings, ProtectIO and RecoverIO, form the basis of these agreements, allowing clients to secure their data with continuous protection while optimizing their cloud infrastructure.6 mn to develop new product offerings aimed at enhancing cloud migration and data protection. The company is also considering expansion into additional markets in Europe and aims to establish a presence there by the end of 2023. With a focus on continuous innovation and market penetration, PrimaryIO’s future strategies are designed to strengthen its position in the cloud services space.
Who invested in PrimaryIO
3 investors across 1 round
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Funding rounds
Seed
Aug 25, 2017
Amount
$5.6M
Investors
Questions about PrimaryIO
Who invested in PrimaryIO?
PrimaryIO has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PrimaryIO raised?
PrimaryIO has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PrimaryIO last raise money?
PrimaryIO's most recent round on record is a Seed, in Aug 2017.
What does PrimaryIO do?
PrimaryIO is a software company.
Where is PrimaryIO headquartered?
PrimaryIO is headquartered in San Carlos, US.
Which VCs invest in companies like PrimaryIO?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PrimaryIO's stage. Their profiles are linked below.
VCs backing software startups at Seed
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