Formation Data Systems develops a Converged Data Platform targeting Enterprise IT, SaaS applications and service providers with enterprise data requirements. The platform provides data virtualization that combines the cost benefits of public cloud approaches with the control, security and customization capabilities of private data center storage. Mark Lewis is Chairman, CEO and Co-Founder and is quoted in connection with the product. The company completed a $24.2M Series A and is using the capital to grow its business. Formation Data Systems is hiring, indicating plans to expand its team and operations. No revenue or user metrics were disclosed in the article.

Total raised

$24M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2014