Funding to Fuel Growth in Global Enterprise and Service Provider Markets for Object Storage Software
INTEL CAPITAL GLOBAL SUMMIT, San Diego, CA, Oct 22, 2013 —Cloudian, a market-leading cloud storage software company, announced today that it has received funding from Intel Capital, Intel’s global investment and M&A organization. This Series B funding will be used to expand Cloudian’s sales and support capabilities as well as accelerate the company’s growth in enterprise storage.
Cloudian is a software company specializing in distributed object storage for cloud and enterprise storage use cases. With Cloudian®, Enterprise IT and Cloud Service Providers (CSPs) can deploy turnkey multi-tenant private and public object storage systems on commodity IA servers, scaling from two servers to exabytes across multiple datacenters with high reliability and elasticity. Cloudian has a strong record in commercial production at major cloud service providers and enterprises across the U.S., Japan, Europe, and APAC.
“Cloudian puts the power of on-premise object storage and S3 application ecosystem into the hands of IT professionals at enterprises and managed service providers,” said Michael Tso, co-founder and CEO, Cloudian. “We are thrilled to have Intel’s support in our quest to deliver Cloudian globally through distributors and channel partners, bringing Cloudian’s rich features and economics to private, public, and hybrid clouds.”
“Cloud storage, particularly unstructured data, is exploding in volume. With its scalable, reliable and affordable object storage technology, Cloudian is uniquely positioned to take advantage of growing enterprise demand for high performance data storage”, said Sudheer Kuppam, Managing Director, Intel Capital Asia Pacific. “Intel Capital looks forward to helping Cloudian succeed by providing access to our global network and technology expertise.”
Cloudian is a Foster City, Calif.-based software company specializing in cloud storage software. Cloudian® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable cloud storage solutions. Cloudian is actively partnering with leading cloud computing environments including Citrix Cloud Platform, Apache CloudStack, and OpenStack, cloud on-ramp providers, and the vast ecosystem of tools and applications that is afforded through true S3 compatibility. Cloudian’s customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan. For more information or to try Cloudian today, please visit www.cloudian.com.
About Intel Capital
Intel Capital, Intel’s global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,322 companies in 54 countries. In that timeframe, 204 portfolio companies have gone public on various exchanges around the world and 336 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.
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