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Framingham cloud protection startup secures $15M in funding - Vimarsana News

Framingham cloud protection startup secures $15M in funding

Framingham-based Trilio, a provider of data protection for cloud-native environments, has secured $15 million in funding. The funding round included participation from SKK Ventures of Boston, Plug and Play of Silicon Valley, and existing investors .406 Ventures of Boston and Jack Egan of Boston, according to a release from Trilio. The funding includes $12 million in Series B growth equity combined with over $3 million in debt facility from Avid Bank, based in San Jose, Calif. The company will use the funding to further invest in its product development, sales, marketing and customer success t...