# Cloudian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudian

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.cloudian.com
- Total disclosed funding: $225M
- Latest round: Series F (Jan 18, 2023)
- Investors on record: 18

## About

Cloudian, Inc. is a US-based provider of object storage solutions, specializing in scalable, S3-compatible storage designed for capacity-intensive workloads across various sectors, including healthcare and finance.Founded in 2011, Cloudian, Inc. operates out of San Mateo, US, focusing on object storage solutions. The firm has completed 13 deals, with its most recent funding round labeled as Growth, raising USD 23.00 mn on June 25, 2024, from Morgan Stanley Expansion Capital. The company was co-founded by Ben MinstF and Hiroshi Ohta, with CEO Michael Tso currently at the helm.Cloudian offers a comprehensive suite of object storage solutions, with its core product being Cloudian HyperStore, designed to meet the data management demands of capacity-intensive workloads across various sectors. HyperStore provides scalable, S3-compatible storage that can be deployed on-premises or in hybrid cloud environments, catering to modern data-centric applications such as artificial intelligence (AI), data analytics, and backup/archiving solutions. The company’s solutions aim to address the growing data storage needs of industries including financial services, healthcare, media and entertainment, and government entities. Customers such as the US Department of Defense and leading financial institutions leverage Cloudian’s offerings for enhanced data retention, compliance, and operational efficiency. Geographically, Cloudian's products are marketed and utilized in North America, Europe, and Asia-Pacific, ensuring a broad reach in diverse markets.Cloudian operates on a subscription-based revenue model, facilitating ongoing relationships with its clients through recurring licensing fees for its software and services, including Cloudian HyperStore and associated features like HyperIQ Observability & Analytics. The company engages primarily in B2B transactions, with businesses partnering to implement and integrate Cloudian solutions into their existing IT infrastructures. Transaction structures typically involve multi-year contracts, allowing clients to scale their usage and access premium support services. Specific pricing plans for its products are established based on the scale and complexity of deployments, often with tailored solutions for enterprise clients. These arrangements enable organizations to efficiently manage their data storage needs while benefiting from Cloudian's robust and secure storage architecture.In June 2024, Cloudian, Inc. raised USD 23.00 mn in Growth funding from Morgan Stanley Expansion Capital. The company will use this funding to accelerate its sales, product development, and marketing operations. Cloudian plans to launch new products targeting enhanced data management features in the coming year, expanding its reach into markets in Asia-Pacific and Europe by the end of 2025.

## Funding rounds

- Series F, Jan 18, 2023, $56M — Intel Capital, Eight Roads Ventures, Silicon Valley Bank, Wilson Sonsini Goodrich & Rosati, Japan Post Investment Corporation, Digital Alpha Advisors, Tinshed Asia
- Series E, Aug 29, 2018, $94M — INCJ, Goldman Sachs Asset Management, WS Investments, Eight Roads Ventures, NTT DOCOMO Ventures, Japan Post Investment Corporation, Digital Alpha Advisors
- Series D, Jun 13, 2016, $36M — Intel Capital, City National Corporation, INCJ, Goldman Sachs Asset Management, Eight Roads Ventures, Lenovo Capital and Incubator Group, Epsilon Venture Partners, DVP Investment
- Series B, Oct 23, 2013, $20M — Intel Capital
- Series B, Mar 8, 2007, $20M — Tokio Marine Asset Management, Mizuho Private Equity, Goldman Sachs Asset Management, Mitsubishi UFJ Capital

## Investors

- Tokio Marine Asset Management (https://capitalatlas.ai/funds/tokio-marine-asset-management) — Series B
- Mizuho Private Equity — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series D, Series E
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series D, Series F
- City National Corporation — Series D
- INCJ — Series D, Series E
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series D, Series E, Series F
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series D
- Epsilon Venture Partners (https://capitalatlas.ai/funds/epsilon-venture-partners) — Series D
- DVP Investment — Series D
- WS Investments (https://capitalatlas.ai/funds/ws-investments) — Series E
- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series E
- Japan Post Investment Corporation — Series E, Series F
- Digital Alpha Advisors (https://capitalatlas.ai/funds/digital-alpha-advisors) — Series E, Series F
- Silicon Valley Bank — Series F
- Wilson Sonsini Goodrich & Rosati — Series F
- Tinshed Asia — Series F