MinIO is pioneering high performance, Kubernetes-native object storage for the multi-cloud. The software-defined, Amazon S3-compatible object storage system is used by more than half of the Fortune 500. With 760M+ Docker pulls, MinIO is the fastest-growing cloud object storage company and is consistently ranked by industry analysts as a leader in object storage. Founded in 2014, the company is backed by Intel Capital, Softbank Vision Fund 2, Dell Technologies Capital, Nexus Venture Partners, General Catalyst and key angel investors. MinIO is headquartered in Palo Alto, California.
Our ThesisIntel Capital invested in MinIO to enable a true cloud or edge-agnostic data platform for 3 reasons: (1) Enterprises want the power to deploy their applications and data anywhere without regard for which provider owns or operates the infrastructure; (2) targeting developers for adoption of storage capability rather than selling to IT encourages more and more creative uses of object storage and (3) data is becoming the life-blood of every organization and, as a result, its use and retention is growing exponentially, offering an enormous opportunity for the category winner, while also offering Intel offer more compute resources into the segment.
Investment LeadMark Rostick
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Intel Capital is excited to contribute to ScienceLogic’s mission to help IT operations predict and quickly resolve problems that disrupt application performance and user experiences.