Cloudian, Inc.

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Cloudian, Inc. - overview

Established

2011

Location

San Mateo, CA, US

Primary Industry

Software

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.


Current Investors

Morgan Stanley Expansion Capital, Intel Capital, City National Corporation

Primary Industry

Software

Sub Industries

Data Centers, Storage Management Software

Website

www.cloudian.com

Verticals

Artificial Intelligence, Blockchain, Cloud Computing, Cloud Computing

Total Amount Raised

Subscriber access only

Cloudian, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCloudian, Inc.-

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