Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Cloudian closed $60 million in new funding, bringing the company’s total funding to $233 million.
The round includes participation from Digital Alpha, Eight Roads Ventures Japan, INCJ, Intel Capital, Japan Post Investment Corporation, Silicon Valley Bank, Tinshed Asia, Wilson Sonsini Investments, and strategic investors. This latest investment reinforces Cloudian’s leadership position, accelerates its hybrid cloud platform capabilities and prepares the company for its next phase of growth. The company also announced Bob Griswold as Chairman of the Board of Directors.
“As organizations move to the next level of digital transformation, they increasingly seek technologies that deliver hybrid cloud data management at limitless scale across all platforms,” said Cloudian CEO Michael Tso. “Cloudian’s cloud-native data management software lets our customers simplify operations and creates new opportunities to derive value from data.”
Bob Griswold, Cloudian’s new Board Chairman, brings to the role a wealth of experience as an investor and strategic advisor. Griswold’s prior roles include VP of Strategy and Planning at HPE, Senior VP Product Line Management at Seagate, and VP, Chief Strategist for Enterprise, Commercial and Small Business at Cisco.
“Cloudian is exceptionally well positioned to capitalize on today’s transition to cloud-native technologies, and I believe strongly in the company’s strategy and its enterprise-proven platform; so much so, that I personally invested in the current funding round.” said Griswold
Cloudian’s hybrid cloud data management software transforms any compute platform – including standard servers, virtual machines, containers or public cloud – into a pool of S3 API-compatible object storage resources that can be co-located with data sources and data consumers. Scalable to hundreds of petabytes and beyond, the Cloudian architecture creates a global federation of local storage assets that can be easily integrated with public cloud platforms for consolidated data management.
Global businesses such as media, healthcare and manufacturing manage increasingly vast quantities of data at hundreds of locations. Within these organizations, there is a rapidly growing need for multi-cloud infrastructure that can provide a unified platform for these modern applications. Cloudian meets this need with a native S3 API data management platform and a unified management framework that spans all Cloudian instances, organization-wide. The result is simple, efficient data management across the global storage landscape.
Industry News
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.