U.S. Igneous nabs $25 mln in Series C funding round led by WestRiver

U.S.-based Igneous Inc., an unstructured data management-as-a-service solution provider, has raised $25 million in Series C funding.

The round was led by U.S. investment firm WestRiver Group, joined by all existing backers including Madrona Venture Group, New Enterprise Associates, Vulcan Capital and Redpoint Ventures.

Igneous plans to use the new funds to advance its mission to help organizations access, organize, protect and mobilize their most valuable data assets.

In addition, the capital will be used to extend Igneous’ technology and go-to-market investments to further tackle the mounting issues enterprises deal with in managing, protecting and getting value from their growing volumes of unstructured data.