| Log in

Data centre solutions firm Arkin raises $15M from current investor Nexus, others

03 June, 2015

Arkin Net Inc, a provider of data centre solutions for enterprises, has raised $15 million (around Rs 91 crore) in a Series B round of funding from existing investor Nexus Venture Partners and others.

As per a press statement, the round also saw participation from BV Jagadeesh (former CEO at NetScaler) and other strategic investors. It did not say if these unnamed investors are existing backers of the firm.

Arkin had secured $7 million (around Rs 43 crore) in funding led by Nexus Venture Partners in November 2014 with participation from Jagadeesh, Alan Cohen and Semil Shah of Haystack Fund.

“Arkin is unlocking the true potential of software-defined data centres by bringing in data-driven visibility, cross domain analytics and power of collaboration that were largely unknown to the siloed world of IT operations,” said Jishnu Bhattacharjee, managing director at Nexus Venture Partners, and a board member of Arkin.

Pune- and Silicon Valley-based Arkin develops a software-defined networking operations platform that simplifies data-centre operations for enterprises.  Its platform operates across virtual and physical layers and enables enterprises to search, view, analyse, visualise, and share operational data.

Arkin was founded by IIT Kanpur alumni Shiv Agarwal, Rohit Toshniwal and Mukul Gupta, along with Abhijit Sharma, an alumnus of IIM Lucknow. The founding members have the experience of working with technology majors such as VMware, Microsoft and Amberpoint (acquired by Oracle).

Arkin also announced the availability of its platform and cloud service for software-defined data centres (SDDC).

The Indian data centre infrastructure market is expected to be worth $2.03 billion this year, research firm Gartner estimates.


Leave Your Comment
Data centre solutions firm Arkin Net raises $7M from Nexus, others

Data centre solutions firm Arkin Net raises $7M from Nexus, others

Sainul K Abudheen 4 years ago
Pune- and California-based Arkin Net Inc., a provider of data centre solutions...
VMware acquires Nexus-backed Arkin Net

VMware acquires Nexus-backed Arkin Net

Priya Prasad 2 years ago
VMware Inc, a firm that specialises in virtualisation and cloud infrastructure,...
Nexus Venture Partners backs health-tech startup LiveHealth

Nexus Venture Partners backs health-tech startup LiveHealth

Vijayakumar Pitchiah 4 months ago
Pune-based health-tech startup LiveHealth, which operates a cloud-based platform...
No Comments

Data centre solutions firm Arkin raises $15M from current investor Nexus, others

Powered by WordPress.com VIP