U.S. cloud-native data management company Kasten has secured $14 million in Series A round of financing.
The company received the new capital from private equity and venture capital firm Insight Partners, which in connection with the funding will join Kasten’s board of directors.
In addition to establishing a research and development center in Salt Lake City, Utah, Kasten will also use the net proceeds from the financing to expand sales, engineering and marketing.
The new financing brings total fundraising raised by the company to date to $17 million.