Why we invested in Minio

Silicon valley and Bangalore based Minio announced closing of series A today. Nexus Venture Partners co-led the investment along with Dell Technologies Capital and General Catalyst. Nexus and General Catalyst previously seed funded the company a couple of years back.

Minio is building multi-cloud object storage solution for cloud native applications and microservices. Minio provides a seamless environment to store and search data across on-premise and public clouds and eliminates cloud lock-ins. The two year old company is seeing its open source product rapidly and widely adopted across the world.

Data is exploding at a massive rate, most of which is unstructured (image, video, text files). Cloud adoption by enterprises is accelerating. The world needs more scalable, cost-effective, easy to use and reliable cloud storage solution, that is agnostic to public or private cloud environments across virtualized, containerized or bare metal infrastructures. Minio is set to do just that.

Minio is founded by Anand Babu Periasamy (AB), who previously started and sold Nexus company Gluster (now Redhat).

We are thrilled to have partnered with AB from day 0 of his second start-up journey. Minio team has a shot at creating history, we could not afford to miss the chance to be a part of it !

Jishnu Bhattacharjee

Nexus Venture Partners