Cloudian Raises $23M in Growth Financing

Cloudian

Cloudian, a San Mateo, CA-based company which specializes in secure S3-compatible AI data lake platforms, raised $23M in Growth funding.

The round was led by Morgan Stanley Expansion Capital.

The company intends to use the funds to drive product innovation and sales and marketing initiatives to meet the demand for its AI data lake software.

Led by CEO Michael Tso, Cloudian is a provider of secure S3-compatible AI data lake platforms. Offering military-grade security, scalability, and cloud integration, its AI-ready data lake optimizes data access, meets data sovereignty requirements, and reduces costs by consolidating information into a single, cloud-like storage platform. The company’s geo-distributed architecture manages and protects object and file data at the edge, core, and cloud for both traditional and modern applications.

Proven with popular AI and data analytics tools including PyTorch, Tensor Flow, Kafka, and Druid, Cloudian addresses storage needs across the entire data lifecycle. The solutions are available from AWS Marketplace, HPE GreenLake, Lenovo, and from reseller partners worldwide.

FinSMEs

25/06/2024