Cloudian, a distributed file systems and object storage provider, has raised $94m in a Series E funding round.
The round, which brings the company’s total funding to $173m, included capital from Digital Alpha, Eight Roads Ventures, Goldman Sachs, INCJ, JPIC (Japan Post Investment Corporation), NTT DOCOMO Ventures, and WS (Wilson Sonsini) Investments.
It plans to use the new investment to expand its worldwide sales and marketing efforts and increase its engineering team.
Cloudian claims to help businesses in data-intensive verticals such as media, healthcare and manufacturing creating and consuming vast quantities of data at hundreds of locations across the organisation. It 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.
As a result, the company claims to provide simple, efficient data management across the global storage landscape.
“There will be 20 billion connected devices by 2020, creating a compelling need for data management solutions that are architected for geo-distribution and cloud integration,” said Gregory M. Bryant, Intel’s senior vice president and general manager of the Client Computing Group. “Cloudian’s global data fabric architecture lets customers manage data organization-wide from a single console, so they can capitalise on the next generation of connected computing.”
Recently added 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.
“Global 2000 customers in media, automotive, manufacturing, healthcare, and government look to Cloudian to manage their rapidly growing information assets, a trend that we see only accelerating,” added Edouard Hervey, managing director at Goldman Sachs. “We believe Cloudian is well-positioned to dominate the next generation of enterprise storage with its elegantly simple design that integrates both the data center and cloud environments.”
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
