Cloudian Raises $60 Million in Funding to Accelerate Hybrid Cloud Data Management

Funding Rounds

Summary

This latest investment reinforces Cloudians leadership position, accelerates its hybrid cloud platform capabilities and prepares the company for its next phase of growth. The company also announced Bob Griswold as chairman of the board of directors.As organizations move to the next level of digital transformation, they increasingly seek technologies that deliver hybrid cloud data management at limitless scale across all platforms, said Cloudian CEO Michael Tso. Griswolds prior roles include VP of strategy and planning at HPE, senior vice president product line management at Seagate, and VP, chief strategist for Enterprise, Commercial and Small Business at Cisco.I am thrilled to join Cloudian at this pivotal moment in the storage industry, said Bob Griswold. Within these organizations, 95 percent of new workloads deployed in 2025 will employ cloud-native technology, according to Gartner, driving a rapidly growing need for multi-cloud infrastructure that can provide a unified platform for these modern applications. Cloudians geo-distributed architecture manages and protects object and file data at the edge, core, and in the cloud, for both conventional and modern applications.

$ Funding

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Amount $60.0M Total raised
Date January 18, 2023 Announcement date
Investors Cloudian Lead investors
Company http://www.cloudian.com Funded company

Classifications

industries
Entertainment
applications
Data Management

AskAI Classifications

Labels
Enterprise Software Cloud Storage Data Management

Linked Companies

Cloudian
$10M to $25M