Wednesday, February 8, 2023
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > MinIO announced $103 million Series B Round

MinIO announced $103 million Series B Round

MinIO announced that the company has raised $103 million in a Series B funding round, bringing the total to over $1 billion.


Erdem Yasar Erdem Yasar
January 29, 2022
2 min read
MinIO announced $103 million Series B Round

Creators of MinIO, a multi-cloud object storage suite, announced that the company has closed a $103 million Series B funding round. With the investment, the company has achieved unicorn status. The funding round was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Technologies Capital, General Catalyst, and Nexus Venture Partners. 

$126 million total funding

With the latest funding round, MinIO’s total funding was raised to $126 million. MinIO currently has over 1.2 million active deployments on public cloud, private cloud, and edge, including public cloud deployments on Google Kubernetes Engine, Amazon’s Elastic Kubernetes Service, Azure Kubernetes Service, private cloud deployments on Red Hat OpenShift, VMware Tanzu, HPE Ezmeral, SUSE Rancher along with millions of colocation and edge deployments.

MinIO, which is available on every cloud, is extending its features with additions, such as click to deploy capabilities on AWS, Google Cloud, and Microsoft Azure. MinIO has seen massive adoption from organizations around the globe. Growth metrics include:

  • In the last year, ARR grew by over 201%
  • Anand Babu Periasamy, CEO and Co-founder of MinIO
    Anand Babu Periasamy, CEO and Co-founder of MinIO

    MinIO’s customer count grew by over 208% in 2021 alone

  • Total number of Docker pulls of 762,000,000, now averaging over 1,000,000 per day
  • More than 31,000 GitHub stars and 16,000+ MinIO Slack community members

Anand Babu Periasamy, CEO and Co-founder of MinIO said,

« MinIO is fueled by developers. They drive our growth and enhance our product. This funding round will accelerate our efforts to deliver the world’s best multi-cloud data storage software and provide us with the resources to build a modern, developer-centric go-to-market machine. »

See more Cloud Computing News


Tags: MinIO
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Next Post
McAfee Enterprise appoints Gee Rittenhouse as CEO

McAfee Enterprise appoints Gee Rittenhouse as CEO

Related News

VMWare ESXi is now available on Google Cloud

VMWare ESXi is now available on Google Cloud

February 6, 2023 6:25 pm
Noventiq Closes DigiTech Acquisition

Noventiq closes DigiTech acquisition

February 5, 2023 2:00 pm
Keepit, announced the launch of its backup and recovery solution for Power BI

Keepit announced the launch of its backup and recovery solution for Power BI

February 5, 2023 11:00 am
NTT to add Palo Alto Networks' solution to its portfolio

NTT to add Palo Alto Networks’ solution to its portfolio

February 3, 2023 3:00 pm
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter
Select list(s):

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy

Get the free newsletter

Subscribe to receive the latest IT business updates straight to your inbox.

Select list(s):

Check your inbox or spam folder to confirm your subscription.

Editor's Choice

What’s new in Linux kernel 6.2 rc6?

10 Best Web Hosting Services of 2023

Ubuntu 22.04 LTS is available for download. What is new?

CERN and Fermilab recommend AlmaLinux

7 best hosting control panels of 2023

How to update Linux Kernel without rebooting?

7 best Linux mail servers of 2023

7 best cPanel alternatives for 2023

7 best Linux web browsers for 2023

7 best CentOS alternatives

7 best Linux server distros of 2023

Interview with Igor Seletskiy on AlmaLinux

How to create a VM on VMware Workstation

Recent News

  • New local privilege escalation vulnerability strikes X.Org server
  • Red Hat brings new security capabilities to Red Hat OpenShift
  • With BuddyPress 12.0, BP Rewrites will support backward compatibility
  • Dell to lay off 6,650 employees
  • Canonical joins the Academy Software Foundation

Cloud7 News
Cloud7 is a news source that publishes the latest news, reviews, comparisons, opinions, and exclusive interviews to help tech users of high-experience levels in the IT industry.

EXPLORE

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • How-Tos
  • Troubleshooting

RESOURCES

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2023, Cloud7 News. All rights reserved.

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2023, Cloud7 News. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.