OpenIO, a Lille, France-based object storage and serverless computing company, raised $5m in funding.
The round was led by Elaia Partners, Partech Ventures, and Nord France Amorçage.
The company will use the funds to expand its team, consolidate the EMEA market, and develop new markets in the USA and Japan.
Led by Laurent Denel and Jean-François Smigielski (respectively CEO and CTO at OpenIO), OpenIO offers an open-source innovative architecture for building object storage infrastructures to be deployed and scale over time. Its event-driven computing framework allows businesses to optimize data access and simplify complex workloads by offloading some tasks directly to the storage infrastructure.