Cloud storage startup, Cloudian announced that it raised $94 million in a Series E funding, bringing the company’s total funding to $173 million.
The round includes participation from leading investors that includes NTT DOCOMO Ventures.
Cloudian said it will use this investment, which is the largest single round to date for a distributed file systems and object storage provider, to expand its worldwide sales and marketing efforts and increase its engineering team to meet rising demand for its limitlessly-scalable enterprise storage solutions. Cloudian’s unique architecture offers the limitless scalability, simplicity and cloud integration needed to enable the next generation of computing driven by advances such as IoT and machine learning technologies.
Global businesses in data-intensive verticals such as media, healthcare and manufacturing create and consume vast quantities of data at hundreds of locations across the organization, says Cloudian. The Company said it meets these distributed storage needs with a peer-to-peer resource fabric and a single management framework that spans Cloudian storage appliances, industry standard X86 servers running Cloudian software, and public cloud storage.