Cloud Native Storage for Kubernetes
Overview:
Founded in London as StorageOS in 2015, Ondat provides DevOps, development and technology executives with an agnostic platform to run any data service anywhere, while ensuring industry-leading levels of application performance, availability and security. Ondat was acquired by Akamai Technologies in 2023.
Investment Rationale:
When we first me the team, we were impressed by their strong prior backgrounds in financial services and deep technical knowledge. One of the founders had experience working with two prior startups, both of which sold to Oracle. The round was being led by Salil Deshpanade from Bain Capital Ventures which gave us further confidence in the team and product. Salil is one of the world’s leading infrastructure investors and it gave us confidence to see him lean in.