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Chronicles

The story behind the story

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VMware to acquire Datrium, which provides disaster recovery services for hybrid cloud environments, for an undisclosed sum; Datrium had previously raised $170M

The deal for the hyper-converged infrastructure startup looks to advance VMware's hybrid cloud standing with a cost-optimized solution for backing up data in the cloud.

CRN Joseph Tsidulko

Context & Ripple Effects

Datrium spent eight years building hyper-converged infrastructure with a disaster-recovery twist, closing a $60M Series D at a $282M estimated post-money valuation led by Samsung's Catalyst Fund in 2018. The undisclosed sale price, after $170M of total funding, lands below that headline number.

For VMware this is the latest move in a deliberate buy-versus-build campaign to assemble a full hybrid-cloud stack: it picked up cloud monitoring startup Wavefront in 2017, Kubernetes firm Heptio in 2018, and application-delivery player Avi Networks in 2019. Datrium fills the remaining gap — cost-optimized backup and recovery of on-premises data into the cloud.

First-order effects

  • VMware's vSphere-based customers get native cloud disaster recovery bundled into their existing platform, removing a separate purchase decision from the hybrid-cloud checklist.
  • Datrium's investors exit after $170M raised across rounds, while its enterprise DR-as-a-service roadmap now folds into VMware's product line.

Second-order effects

  • Rival hyper-converged and backup vendors lose one of the few independent hybrid-cloud DR specialists, forcing them to partner with public clouds directly or absorb their own point solutions to match the integrated offering.
  • Samsung's Catalyst Fund, which led Datrium's Series D, takes a mark on a sub-valuation exit — even as Samsung separately deepens its commercial ties to VMware through confidential-computing work.

Third-order effects

  • The deal extends VMware's pattern of absorbing category specialists (monitoring, Kubernetes, app delivery, now DR) rather than licensing them, pushing independent infrastructure startups toward earlier exits because platform owners can bundle their function for free.
  • If consolidation continues, hybrid-cloud purchasing shifts from best-of-breed component assembly toward single-vendor stacks, raising switching costs around the platform layer.

The trend: Major infrastructure platforms are acquiring specialist startups piece by piece to own the full hybrid-cloud stack in-house, squeezing the market for standalone infrastructure tools.