Google Cloud acquiring Actifio, startup backed by Andreessen Horowitz - Business Insider

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Google Cloud is acquiring Actifio, an Andreessen Horowitz-funded data backup startup last valued at $1.3 billion

Google Cloud announced Wednesday that it plans to acquire the data backup and recovery startup Actifio, which has been backed by VCs including Andreessen Horowitz, Greylock Partners, and TCV.

Under CEO Thomas Kurian, Google Cloud has already made several acquisitions, including a $2.4 billion deal to buy the data analytics company Looker.Google Cloud announced Wednesday that it plans to acquire Actifio, a data backup and recovery startup that counts firms including Andreessen Horowitz, Greylock Partners, and TCV among its investors.

Actifio helps customers automatically store, back up and recover data both from their cloud infrastructure and in private data centers. It provides services that allow customers to protect and manage copies of their data, as well as use those copies for development and testing. "We're excited to join Google Cloud and build on the success we've had as partners over the past four years," Actifio CEO Ash Ashutosh said

 

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