Waltham based Actifio has just landed $33.5 million in Series C funding led by west coast giant Andreessen Horowitz. Actifio is aiming to change the way that data is currently stored and managed by creating what they call, ‘Protection and Availability Storage (PAS).‘ The company had previously raised $24 million from North Bridge Venture Partners, Advanced Technology Ventures, and Greylock Partners. Actifio plans to use the funds to expand operations globally, increase awareness and capitalize on the rapid adoption of its PAS platform.

“We’ve watched Ash and his team at Actifio transform the company from an innovative startup applying virtualization to data management to a well-established market leader transforming data management into a virtualized service,” said Peter Levine, general partner, Andreessen Horowitz. “Actifio combines two core areas in which I have personally spent decades working in: data management and virtualization. By leveraging virtualization to break down backup software, Actifio is actually helping enterprises solve the problems associated with trying to manage massive amounts of data.”

Actifio was founded in 2009 and has about 100 employees, 50 of them in Waltham.