Funding Will Spur Innovation in Product and Engineering
TORONTO & PALO ALTO, Calif.--(BUSINESS WIRE)--#cloudapps--Raiven Capital, a global early-stage tech venture fund, announced its investment in Trilio, a cloud-based data protection and management software.
Raiven joined the round with lead investor SKK Ventures, as well as T-Mobile Ventures, Wayra Telefonica Innovation, Genesis Accel, .406 Ventures and Jack Egan. The $17 million Series B round will fund greater product development, engineering, and customer operations. To date, Trilio has raised a total of $36 Million.
Maurice Elisha, Raiven’s Paris-based venture partner, who brought the investment said that: “First, Raiven welcomes new CEO Massood Zarrabian, former CEO an