OpenIO
Company

Last deal

$5.M

Amount

Venture - Series Unknown

Stage

24.10.2017

Date

1

all rounds

$5.M

Total amount

General

About Company
OpenIO provides flexible object storage solutions for businesses of all sizes.

Industry

Sector :

Subsector :

founded date

26.06.2015

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

OpenIO offers a mature and robust open source technology that simplifies storage infrastructures, maximizes resource utilization, and supports next-generation applications like machine learning and industrial IoT. Their innovative architecture design allows organizations to easily deploy and scale object storage infrastructures from 1TB to thousands of Petabytes. With integrated serverless computing frameworks, OpenIO achieves excellent total cost of ownership (TCO) and fast return on investment (ROI). Additionally, OpenIO enables the building of backend services on a single hardware platform, eliminating the need for data rebalancing while adding storage capacity. Their software-defined storage solution overcomes scalability and performance barriers, allowing for unlimited data storage on any hardware with high performance and S3 app accessibility.
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