Cloudian Reels In $60 Million Funding

<p><strong>SAN MATEO <&sol;strong>&&num;8212&semi; Cloudian announced that it closed &dollar;60 million in new funding&comma; bringing the company’s total funding to &dollar;233 million&period; The round includes participation from Digital Alpha&comma; Eight Roads Ventures Japan&comma; INCJ&comma; Intel Capital&comma; Japan Post Investment Corporation&comma; Silicon Valley Bank&comma; Tinshed Asia&comma; Wilson Sonsini Investments&comma; and strategic investors&period; This latest investment reinforces Cloudian’s leadership position&comma; accelerates its hybrid cloud platform capabilities and prepares the company for its next phase of growth&period; The company also announced Bob Griswold as chairman of the board of directors&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As organizations move to the next level of digital transformation&comma; they increasingly seek technologies that deliver hybrid cloud data management at limitless scale across all platforms&comma;” said Cloudian CEO Michael Tso&period; &OpenCurlyDoubleQuote;Cloudian’s cloud-native data management software lets our customers simplify operations and creates new opportunities to derive value from data&period;”<&sol;p>&NewLine;<p>Bob Griswold&comma; Cloudian’s new board chairman&comma; brings to the role a wealth of experience as an investor and strategic advisor&period; Griswold’s prior roles include VP of strategy and planning at HPE&comma; senior vice president product line management at Seagate&comma; and VP&comma; chief strategist for Enterprise&comma; Commercial and Small Business at Cisco&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;I am thrilled to join Cloudian at this pivotal moment in the storage industry&comma;” said Bob Griswold&period; &OpenCurlyDoubleQuote;Cloudian is exceptionally well positioned to capitalize on today’s transition to cloud-native technologies&comma; and I believe strongly in the company’s strategy and its enterprise-proven platform&semi; so much so&comma; that I personally invested in the current funding round&period;”<&sol;p>&NewLine;<p>Cloudian’s hybrid cloud data management software transforms any compute platform – including standard servers&comma; virtual machines&comma; containers or public cloud – into a pool of S3 API-compatible object storage resources that can be co-located with data sources and data consumers&period; Scalable to hundreds of petabytes and beyond&comma; the Cloudian architecture creates a global federation of local storage assets that can be easily integrated with public cloud platforms for consolidated data management&period;<&sol;p>&NewLine;