CloudByte Raises $2.1M in Series A Funding

CloudByte Inc., a San Mateo, CA-based developer of next generation storage virtualization products, has raised $2.1m in Series A funding.

The round was led by Nexus Venture Partners, with participation from Kae Capital.

The company intends to use the funding to expand sales efforts in the US and Asia markets and for ongoing product development.

Founded a year ago by Srivibhavan Balaram, CEO, CloudByte provides service providers and enterprises with a carrier grade multi-tenant storage solution with predictable performance, secure isolation, and ease of administration, based on open standards and at an affordable price point.
The company has a development team based out of Bangalore, India.



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