Minio raises $3.3M seed funding on Day Zero led by general catalyst nexus venture partners

June 19, 2015 Finance No comments

Minio, an open source cloud storage startup started by former Gluster co-founder Anand Babu Periasamy, has raised $3.3 million in seed funding led by General Catalyst and Nexus Venture Partners.

Jerry Yang’s AME Cloud Ventures, Index Ventures, Mark Leslie, Brian Stevens, Ben Golub, Lanham Napier and Andrew Feldman also participated in this investment round. The company plans to use the funds raised to develop the Minio Server, Minio Client and Minio Libraries.

Founded in November 2014 by Periasamy, Harshavardhana, Frederick Kautz and Garima Kapoor, Minio aims to offer an open source cloud storage solution to app developers, which it claims is compatible with Amazon’s S3 storage service and can be scaled to millions of users.

It claims to simplify the object storage component to a level where app developers will be able to include them with their application stack like Node.js, MongoDB and Cassandra. Minio Server, Minio Client, Minio Libraries are currently available for download on Minio’s website and the company said app developers can also access the hosted Minio server for testing and development.

Anand Babu Periasamy had previously co-founded an open source storage solution provider Gluster in 2005, which had also received financing from Nexus Venture Partners and Index Ventures and was eventually bought by Red Hat for $136 million in 2011.

 

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About Asmaa Mubita

Asmaa Mubita is a Kenyan journalist of international repute with over fifteen years of experience in broadcast journalism. Asmaa Mubita began his journalism career at the Kenyan state broadcaster (KBC) and later worked at the KTN owned by the Standard Group and Citizen Television, the flagship brand of Royal Media Services. These exploits together with his reporting experience with the Voice of America, CNN and BBC have been rewarded with local and global recognition.

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