Cloudian Closes $24M Financing

cloudian-logoCloudian, Inc., a Foster City, Calif.-based provider of hybrid cloud storage solutions, closed a $24m financing round.

Backers included new investors INCJ and Fidelity Growth Partners and existing shareholder Intel Capital. INCJ will join Intel Capital on Cloudian’s board of directors.

The company intends to use the funds to extend its global sales and marketing reach through targeted programs and market development.

Led by Michael Tso, CEO and co-founder, Cloudian specializes in cloud storage. Its Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build hybrid cloud storage solutions.
The company actively partners with cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications.
Customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud.
Cloudian has additional offices in China and Japan.

FinSMEs

08/07/2014

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