UK – Vehera LTD, a London, UK-based startup trading as Storage Made Easy, completed a growth capital funding round of undisclosed amount.
The round was led by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Bacon, with participation from existing shareholders including London-based entrepreneurs. The company intends to use the funds to continue to expand operations and its business reach. Led by Jim Liddle, CEO, Storage Made Easy provides the Enterprise File Fabric a secure content management and data collaboration solution that indexes and works with a company’s existing on-premise or on-cloud storage silos. The solution does not provide storage but unites files in disparate storage platforms to provide a single cohesive way for employees to securely work and collaborate across corporate data sets, while giving pre-configured security, governance, compliance and audit policies to the indexed data. The product also introduced a transparent non-proprietary file transfer acceleration feature for large media assets that works across both on-premise and on-cloud storage. The company serves many blue-chip enterprise customers across a range of industries including retail, banking and finance, healthcare, and government and has a strategic partnership with object storage vendor Cloudian, who resells the product alongside its Cloudian Hyperstore product. 22/07/2020