Wednesday, September 20, 2017

Minio Raises $20M For Data Storage Software

Palo Alto-based Minio, which develops open source cloud storage software, has raised $20M in a Series A funding, the company said today. The funding was led by Dell Technologies Capital, General Catalyst Partners and Nexus Venture Partners, and also included Intel Capital, AME Cloud and Steve Singh. Minio is led by founder and CEO Anand Babu Periasamy. Minio says the funding will go towards accelerating product development, company growth and keeping pace with demand.