Economy

CloudByte raises $4 m in funding round 2

N. Ramakrishnan | Updated on March 10, 2018


CloudByte has raised $4 million in its second round of funding, taking the total money it has raised to $6.1 million.

Fidelity Growth Partners India, the private equity arm of Fidelity Worldwide Investment, led the Series B funding round, with the existing investors – Nexus Venture Partners and Kae Capital – too participating. The funds will be used to expand global sales and marketing, and product development.

CloudByte is a software-defined storage company that offers guaranteed quality of service to every application from a shared storage platform, allowing cloud service providers and enterprises building private clouds to easily host performance applications in the cloud.

Published on June 30, 2013

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