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Cloudian Raises $94 million in Latest Funding Round


Cloudian has raised $94 million in a Series E funding, bringing the company’s total funding to $173 million, to expand its worldwide sales and marketing efforts to meet the rising demand for its storage solutions.

The round includes participation from investors Digital Alpha, Eight Roads Ventures, Goldman Sachs, INCJ, JPIC (Japan Post Investment Corporation), NTT DOCOMO Ventures, Inc. and WS (Wilson Sonsini) Investments.

“Cloudian redefines enterprise storage with a global data fabric that integrates both private and public clouds -- spanning across sites and around the globe -- at an unprecedented scale that creates new opportunities for businesses to derive value from data,” Cloudian CEO Michael Tso. “Cloudian’s unique architecture offers the limitless scalability, simplicity, and cloud integration needed to enable the next generation of computing driven by advances such as IoT and machine learning technologies.”

Cloudian’s global enterprise storage fabric meets this growing demand with a software-defined-storage platform that transforms standard servers and virtual machines into a pool of logical storage resources that can be co-located with data sources and data consumers, whether in physical data centers, at remote sites, or in the cloud.

Scalable to hundreds of petabytes and beyond, the Cloudian architecture creates a global federation of storage assets to form a hyperscale fabric that eliminates the boundaries of traditional storage, allowing information resources to be transparently pooled and shared over distance.

Global businesses in data-intensive verticals such as media, healthcare and manufacturing create and consume vast quantities of data at hundreds of locations across the organization.

Cloudian meets these distributed storage needs with a peer-to-peer resource fabric and a single management framework that spans Cloudian storage appliances, industry standard X86 servers running Cloudian software, and public cloud storage. The result is simple, efficient data management across the global storage landscape.

Recently added Cloudian customers include public health agencies in the US and UK, two of the top five Formula One teams, a US national research lab, an online travel market leader, a top three pharmaceutical company, a top three global car maker, a top five European bank, an Ivy League university, and one of the world’s largest global engineering companies.

The Series E funding includes a $25 million investment from Digital Alpha that was first announced in February.

For more information about this news, visit www.cloudian.com.


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