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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.