Minio, a Palo Alto, CA-based provider of open source object storage for cloud-native and containerized applications, raised $20M in Series A funding.
The round was jointly led by Dell Technologies Capital, General Catalyst Partners and Nexus Venture Partners, with participation from Intel Capital, AME Cloud and Steve Singh.
The company intends to use the funds to accelerate product development and growth.
Led by Anand Babu Periasamy, co-founder and CEO, Minio provides solutions that enable developers to store unstructured data on any public or private cloud infrastructure. The company also announced today its multi-cloud object storage offering, bringing Amazon S3 compatible object APIs to all cloud-native environments. With support for multi-cloud, it enables users to build their own Amazon S3-compatible object storage on bare metal, public cloud or existing SAN/NAS storage infrastructure.
Its object storage server is production ready, with major features including erasure code, bitrot protection, lambda compute and encryption. The recent developments brought integration with public and private cloud environments based on Docker, Kubernetes, Cloud Foundry, DC/OS, Azure and Google Cloud Platform. Minio also provides metadata search, allowing users to achieve this functionality through Minio lambda functions, in conjunction with a database or a message queue. Moving forward, the company will expand search research and development significantly.