But Andres Rodriguez? Still, when Nasuni revealed this morning the company roped in an additional $15 million in a Series B round of financing supplied by existing investors and Flybridge Capital Partners, it wasn’t the first time this other A-Rod hit paydirt.
Rodriguez previously teamed with Robert Mason in developing Archivas, their first cloud storage company. They were well ahead of the curve when they exited the business for $120 million, selling it to Hitachi Data Systems in 2007.
Now he’s at it again. As CEO of Nasuni, Rodriguez is looking to expand cloud computing from consumers (who, perhaps unwittingly, have been participating in the cloud computing trend ever since they signed up for Facebook) toward businesses. Rodriguez anticipates that businesses will grow more dependent on cloud storage as information is increasingly outsourced.
“There is a very tight security model you can apply to data storage,” he told peHub.
As peHub contributor Alastair Goldfisher pointed out last week, consumers are increasingly taking “to the cloud” for their entertainment consumption needs. But now, Rodriguez said, smaller businesses looking to jump ahead of the curve—as well as financially beleaguered organizations that had to slice into IT budgets to remain afloat—are taking to cloud computing.
In fact, it seems, hardly a day goes by without another VC-cloud technology deal being announced. While Nasuni has found backing to provide outsourced data storage and security options for accounting and audit purposes (along with a host of other functions for its developing client base), cloud-centric call centers and other businesses are also finding capital as investors such as ubiquitous shipper UPS get in on the act.
It barely took more than a year for Nasuni to reload on its venture funding; in mid-December 2009, the company took an $8 million investment from North Bridge Venture Partners and Sigma Partners. Both re-upped with Nasuni for the B raise announced this morning. Now, Rodriguez said, armed with enough cash to support 24 months of growth, his company can look to acquire a competitor.