We are thrilled to share some fantastic news with our community and stakeholders. Today marks a significant milestone for us at Vawlt, as we proudly announce the closure of an additional funding round of €2.15 million.
This investment is not just a financial boost but a strong vote of confidence in our vision, product, and the transformative potential we bring to the global long-term data storage market.
We’re poised to accelerate our product innovation and intensify support for our global Channel Partner Network. Moreover, we are expanding our team, seeking the best talent to join us in roles ranging from business development to product team positions. If your are interested, please go ahead and know more aqui.
Our journey began in Lisbon, where we set out to redefine data storage with a vision for a supercloud—a cloud-of-clouds solution that ensures sovereignty, cybersecurity, and cost efficiency for data-driven companies. Since our last funding round in 2021, we’ve made significant advances in technology to support businesses transitioning to the cloud. With this new injection of capital, we are set to further enhance our product innovation and expand our global footprint, reinforcing our commitment to providing businesses with the ultimate in data protection and efficiency.
At the core of our solution is the Supercloud concept. By distributing data across multiple clouds or on-premises nodes simultaneously, we create a resilient, secure, and efficient storage environment. Our technology ensures data availability even in the event of cloud outages or security threats, such as ransomware attacks. Only the data owner has access to their files, with all data encrypted client-side, bypassing our servers entirely for direct communication with the storage mediums in use.
We are delighted to welcome aboard three new investors—Lince Capital, Basinghall Partners, e Beta Capital. Their belief in our mission fuels our ambition and supports our path towards disrupting the data storage industry. This latest funding round also saw continued participation from our existing investors, Armilar Venture Partners e na nossa Shilling VC, alongside further investment from Carlos Brazão e na nossa Alain Fiocco. This collective support strengthens our resolve and resources as we push forward.
“Our excitement is through the roof with this new chapter in our journey,” says Ricardo Mendes, CEO of Vawlt. “This investment is a testament to our team’s hard work and our unwavering commitment to data protection, sovereignty, and business efficiency. With these funds, we’re ready to propel Vawlt into new markets, bolster our channel partner support, and fuel continuous product innovation to meet and exceed our customers’ needs.”
As we embark on this next phase of growth, we are more motivated than ever to push the boundaries of what’s possible in cloud storage. We are not just building a product; we are crafting a future where data storage is secure, efficient, and seamlessly integrated into the digital ecosystems of businesses worldwide.
We extend our heartfelt thanks to our investors, both new and old, for their belief in our vision. Together, we are setting a new standard for reliability, security, and resilience in the cloud storage industry. Join us on this exciting journey as we continue to innovate and lead the way in supercloud technology.