Cloudian Raises $94M More To Beat NetApp In $52B Storage Biz - News Summed Up

Cloudian Raises $94M More To Beat NetApp In $52B Storage Biz


In May, I wrote that Cloudian -- a San Mateo, Calif.-based distributed file systems purveyor supplying so-called object storage -- said it was taking customers from Dell EMC and NetApp. Since the enterprise storage market is growing at 34.4% to $52 billion in estimated 2018 revenue, according to IDC, NetApp seems to have been losing market share. object storage is expected to get more widely adopted in the next few years. Its HyperStore, "an object storage product that uses open source Apache Cassandra. We are the only vendor that's 100% focused on object storage - we've invested $173 million.


Source: Forbes September 13, 2018 12:22 UTC



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