Cloudian raises $94 million for hyperscale data fabric

Cloudian, a start-up offering a hyperscale data fabric for enterprises, raised $94 million in a Series E funding, bringing the company’s total funding to $173 million.

“Cloudian redefines enterprise storage with a global data fabric that integrates both private and public clouds — spanning across sites and around the globe — at an unprecedented scale that creates new opportunities for businesses to derive value from data,” Cloudian CEO Michael Tso. “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.”

The funding round included participation from investors Digital Alpha, Eight Roads Ventures, Goldman Sachs, INCJ, JPIC (Japan Post Investment Corporation), NTT DOCOMO Ventures, Inc. and WS (Wilson Sonsini) Investments.

“Computing now operates without physical boundaries, and customers need storage solutions that also span from the data center to the edge,” said Takayuki Inagawa, president & CEO of NTT DOCOMO Ventures. “Cloudian’s geo-distributed architecture creates a global fabric of storage assets that supports the next generation of connected devices.”