MinIO is a Kubernetes-native object store. Optimized for cloud-native workloads, MinIO is compatible with S3, inside AWS or on other public and private clouds and Kubernetes distributions. Enterprises use MinIO to deliver against machine learning, AI, analytics, backup and archival workloads.
The Palo Alto, California-based company positions itself as a high-performance, Kubernetes-native object store. Optimized for cloud-native workloads, MinIO is compatible with S3, inside AWS or on other public and private clouds and Kubernetes distributions. Enterprises use MinIO to deliver against machine learning, AI, analytics, backup and archival workloads - all from a single platform.
The growth trajectory for the company and the size of the problem they solve has attracted significant venture investments. It raised $103 million in its January 26, 2022, B round led by Intel Ventures, valuing the company at $1 billion. Other investors include Softbank Vision Fund, Nexus Venture Partners, General Catalyst, Dell Technologies Capital and others.
Periasamy went on to build supercomputers at California Digital before founding his own open-source software company Gluster, which was acquired for $136 million in cash by Red Hat. Kapoor worked in technology on the business side. Both became angel investors in several open-source businesses prior to founding MinIO.
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