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Trilio has secured $15 million of funding, including $12 million in Series B growth equity combined with a $3 million+ debt facility from Avid Bank. Led by SKK Ventures, the round includes participation from Plug and Play and existing investors .406 Ventures and Jack Egan.

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The company will use the funding to expand its go-to-market capabilities to accelerate adoption in the cloud-native market.

Trilio will further invest in its product development, sales, marketing and customer success teams to bring the TrilioVault cloud-native data protection platform to markets across the globe.

Stephen Brackett, President and Managing Member of SKK has joined the Trilio Board of Directors.

The SKK Ventures platform, a division of Boston-based investment firm Shepherd Kaplan Krochuk, actively invests in the life sciences and technology sectors.

The company recently announced TrilioVault for Kubernetes v2.0, including a management console for multi-cloud data protection and was named a Leader and Outperformer by a GigaOm report on Kubernetes Data Protection.

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