USA –
Alluxio, a San Mateo, CA-based provider of open-source cloud data orchestration software, raised $15.5m in Series B funding. The round was co-led by Volcanics Ventures and Andreessen Horowitz with participation from technology entrepreneurs Isilon Founder Sujal Patel and YY Founding CTO Tony Zhao, and existing investor Seven Seas Partners. This brings the total amount of funding raised to date to $23m.The company intends to use the funds to continue to expand operations and its business reach. Led by Haoyuan (H.Y.), Li, Founder and CEO, Alluxio is a developer of open source data orchestration software for the cloud. The system moves data closer to big data and machine learning compute frameworks in any cloud across clusters, regions, clouds and countries, providing memory-speed data access to files and objects. Intelligent data tiering and data management deliver high performance to customers in financial services, high tech, retail and telecommunications. In the last six months, tens of new production deployments have been added, including Alibaba, EA, Nielsen, Roblox, Ryte, Tencent, VIPShop, Walmart, Walkme and WeRide. 21/04/2020 19/04/2020
