Igneous CEO Dean Darwin. (Igneous Photos)
Igneous, a Seattle startup that helps companies manage unstructured data across a variety of systems, has laid off staff.
A spokesperson declined to provide specific details about the number of cuts when contacted by GeekWire.
“In this difficult economic environment, we have needed to do a reduction in force,” the spokesperson said in a statement. “We continue to serve our customers and work with our partners to deliver value.”
Igneous has 69 employees, according to LinkedIn.
Founded in 2013 by veterans of Isilon Systems and NetApp, Igneous’ platform provides visibility and storage for unstructured data, or information that isn’t easily categorized, both in the cloud or on-premise.
Igneous originally sold a hardware data appliance for companies to help manage on-premises storage systems but expanded to develop services geared toward cloud computing. Customers include The Allen Institute of Brain Science, OpSec, PAIGE, Tippet Studios, and Altius Institute.
The company raised a $25 million Series C round in March 2019 led by WestRiver Group, which pushed total funding to date to $70 million. Existing investors including Madrona Venture Group, NEA, Vulcan Capital, and Redpoint Ventures also participated in the round.
Former Igneous Systems CEO Kiran Bhageshpur (Igneous Photo)
The startup was led …read more